David Weisburd
๐ค SpeakerAppearances Over Time
Podcast Appearances
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So another way, you have $100 million in an index fund, let's just call it S&P 500, and then you're borrowing against it, and you're putting 70% in multi-strat and 30% in cash, and that 30% is a cushion against the portfolio going down.
Differentiate portable alpha versus how other people will do alpha.
They'll put $100 million into a fund that tracks both beta and alpha, but here you're actually getting exposure to the alpha through the leverage.