Lesson60 seconds
What is Alpha?
Extra return you earned beyond what the market's risk level would predict.
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Simple Definition
Alpha is the performance of an investment above or below what its and the overall market would explain - skill or luck beyond the benchmark.
Explanation level
Tap a persona to hear the same idea in a totally different voice.
Try “Like I'm 5™” for a picture-book version - not the grown-up wording above.
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