It just means "smarts." Aggressive smarts.
You know the alpha dog in the pack. It's what Buck aspired to be. The alpha is the leader, the A-player, the one who calls the shots. On Wall Street, when you have high alpha, you not only have high levels of insight into the crystal balls windowing the Stock and Bond Market, but you also have a following of other wolves looking to kill deer.
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Finance: What is a High Alpha Investor?5 Views
Finance a la shmoop what is a high alpha investor? alpha dogs you know um fear em, [Arrow points to dogs]
love em feed em alpha is good okay okay more specifically it's an
investing term synonymous with smart if you have lots of alpha then you are
smarter than the market so a high alpha investor is someone who beats the market
while taking low risk ie not a lot of leverage not super volatile
stocks per se or crazy categories like crypto currencies and they didn't just
go by 20 bucks of California lottery tickets and then win alpha is well
kind of a newish term in Modern Portfolio theory which is a thing [Modern Portfolio Theory book appears]
apparently that signifies that this fund manager or mutual fund is pretty awesome
and we can quantify that awesomeness with a number which we call alpha well
what does this number mean? well a 2 indicates that the fund or investment
performed at 2 percent better than the benchmark index and minus 7 is a 7 percent
in the wrong direction and stuff like that and as we all know an alpha dog [Dog chewing a bone]
will eat numbers like that for breakfast so high alpha good low alpha bad
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