The Unbearable Transience of Alpha

[RobDre]

The Unbearable Transience of Alpha

Alpha sources are transient. The era of alpha from microprocessors and mathematicians is ending. But the era of alpha from pure information advantage is just beginning. Data Scientists are about to become Wall Street’s new best friend.

Interesting snippets of Alpha history from the 1800's and 1900's, and bold predictions for the future.