“Alpha has essentially disappeared…..”

Hedge funds have lost ‘alpha,’ Merrill director says

Most manager performance can be replicated with indexes, Ebens claims

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~ by searching4alpha on April 19, 2007.

One Response to ““Alpha has essentially disappeared…..””

  1. That’s total crap! If alpha is disappearing, then how will we find it and be millionaires?
    Maybe Merrill’s director is trying to bring back the old Alfred W. Jones’s “obsessed with beta” theory.
    Don’t listen to the hype, searching4alpha. Keep chugging along and find that “Million dollar System” 🙂

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