June 3, 2018
Part III of this series deals with a stock trading strategy's need to generate some long-term positive alpha in order to outperform expected market averages. And since alpha is also compounding over time, a small dose can go a long way.
It is also said that one could literally “buy” some positive alpha with ease, simply by imitating someone that already has demonstrated to have some to spare. On the other hand, one could also design their own within their particular set of constraints.
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Related articles:
Basic Portfolio Math II
Basic Portfolio Math I
Created... May 29, 2018, © Guy R. Fleury. All rights reserved.