How can an uninformed or unskilled investor guarantee herself a non-negative alpha?

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Corporate Finance

ISBN: 9780132992473

3rd Edition

Authors: Jonathan Berk, Peter DeMarzo

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Question Posted: Mar 07, 2024 01:00 AM

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How can an uninformed or unskilled investor guarantee herself a non-negative alpha?

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For an uninformed or unskilled investor guaranteeing a nonnegative alpha Jensens alpha can be challenging because alpha represents the excess return o...View the full answer

Corporate Finance

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