ReSolve Riffs with the ReSolve Crew on Optimizing Risk Parity and Stacking Alphas
Resolve Riffs Investment Podcast
00:00
Alpha Stack
The alpha stack is something that, how do you approach that? How do you say and i think thoughtful construction with the carry side is a very interesting complement. And before we get into the alpha side, let's set the table. Alpha should be non correlated to beta or beta, that rist parity component. So that's what we define as alpha, right? And alpha is a zero some game for the most part. This is not a risk premia you get for sort of sitting on your hands and bearing the non diversifable risk factors. This is actively going into the market place. Because we think we can kind of take money from somebody else, yes.
Play episode from 54:38
Transcript
