COMMENT: In the world of investing and portfolios, the term "alpha" is used with a lot of gravitas,
writes Tripty Arya, founder of Travtus, a technology driven platform for property management It often conjures up images such as the
Wolf of Wall Street: intelligent men in suits taking home multimillion dollar bonuses. Alpha is a quality that is aspirational and inspirational. In the economic definition of the word it is what makes someone’s performance exceptional; alpha is the secret sauce of a winner. It is what makes them stand above the rest. In portfolio return analysis, all excess returns are attributed to two coefficients: an alpha or a beta. While beta is the well-established
Thank you for reading EG
Want to read more? Enjoy a story a day for FREE for one month.
Register
Find Out More
