active managers
also referred to as: active manager
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Oct 5, 2021 by Michael Mauboussin · across every show →
Everything said about active managers, oldest first
Oct 5, 2021 neutral
Mauboussin: The Distribution of Active Manager Alpha Has Consistently Narrowed
“One of the ways we can measure that is to look at the standard deviation of excess returns, right? So alpha, right? So excess returns. So, so you'd imagine and if you'd imagine If you're an active manager, what you want is a big fat bell shaped distribution, r…”