Of course, you know that Alpha is a term used by investors and traders in the financial world.
Alpha is a risk-adjusted measure of the so-called active return on an investment. It is the return in excess of the compensation for the risk borne and is used to assess a fund or financial managers’ performances.
So it’s a highly specialized metric. Does it also include fees charged by the fund in question?
I have been telling people this for a long time. Great study and post.
Warren Beuffett is a smart man but he is a crooked POS. Small town boy makes good. Well his daddy was a (Repub) Senator from Nebraska.
He knows how to play the float with insurance company premiums.