Saturday, June 17, 2006

Larry Tabb, "Strolling With My Alpha" from Wall Street & Technology magazine

Larry Tabb's "Strolling With My Alpha" is a well-written, short article about alpha and beta. It originally appeared in Wall Street & Technology magazine on May 15.

His conclusion? "What I am saying is that if you can really manage beta and alpha separately, it is major industry change, creating both tremendous dislocations and significant opportunities. Automation is hitting the portfolio manager, and the cream is skimmed by hedge funds and their community."

Do you foresee changes of this kind?

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