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You are the manager for Greek God Capital LLC, a hedge fund that focuses on long-short portfolios (i.e. Buying and shorting securities). You can buy

You are the manager for Greek God Capital LLC, a hedge fund that focuses on long-short portfolios (i.e. Buying and shorting securities). You can buy and/or short two stocks, Lyft and Tesla. The following table summarizes the stock's risk and return characteristics. The risk-free is 5%. Stock E[R] sigma beta Lyft 14% 36% 0.8 Tesla 17% 25% 1.5 SP500 14% 15% 1 What are the manager's weights on Lyft and Tesla if you want to earn a total portfolio alpha of 2.30% and the benchmark model is the CAPM?

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