alpha
Hedge Funds Didn’t Lose That Bet To Warren Buffett Because Passive Indices Will Always Beat Active Managers Over The Long Term But Because They Just Picked The Wrong Decade To Bet On
That’s the real reason Buffett’s declining a sequel and not because actuarial science says he’ll be dead by the time it ends.
Private Equity Has An Alpha Problem
Do you ever look at the Private Equity space and think "Where did all the alpha go?"