http://allaboutalpha.com/blog/2007/05/15/mommy-where-do-alphas-come-from/ A finance blog about hedge funds, portable alpha and alternative investing. Thu, 09 Feb 2012 19:03:08 +0000 http://wordpress.org/?v=abc hourly 1 http://allaboutalpha.com/blog/2007/05/15/mommy-where-do-alphas-come-from/comment-page-1/#comment-6397 allaboutalpha.com: Welcome to AllAboutAlpha.com Fri, 18 May 2007 01:34:59 +0000 http://allaboutalpha.com/blog/2007/05/15/mommy-where-do-alphas-come-from/#comment-6397 [...] Maybe I’m working too much.  But the more I research alpha, the less I know how to define it.  While Andrew Lo asks “Where does alpha come from?”, I’m now back at “What is alpha”? Â For example, what might look like alpha over one timeframe is actually “exotic beta” when you shift the window of analysis only a few months.  What looks like alpha vs. one benchmark may, of course, be beta when compared to a different benchmark.  There’s ”active weight“, “active component“, “active share“, “absolute returns”, “reliance on public information“, “manager value-added” - even ”accidental alpha“. [...] [...] Maybe I’m working too much.  But the more I research alpha, the less I know how to define it.  While Andrew Lo asks “Where does alpha come from?”, I’m now back at “What is alpha”? Â For example, what might look like alpha over one timeframe is actually “exotic beta” when you shift the window of analysis only a few months.  What looks like alpha vs. one benchmark may, of course, be beta when compared to a different benchmark.  There’s ”active weight“, “active component“, “active share“, “absolute returns”, “reliance on public information“, “manager value-added” – even ”accidental alpha“. [...]

]]> http://allaboutalpha.com/blog/2007/05/15/mommy-where-do-alphas-come-from/comment-page-1/#comment-6275 Wednesday links: gasoline gap « Abnormal Returns Wed, 16 May 2007 17:48:44 +0000 http://allaboutalpha.com/blog/2007/05/15/mommy-where-do-alphas-come-from/#comment-6275 [...] All About Alpha has a closer look at a paper that answers “where alphas come from.” [...] [...] All About Alpha has a closer look at a paper that answers “where alphas come from.” [...]

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