Mastery card
I can explain Alpha
Extra return you earned beyond what the market's risk level would predict.
Alpha is the performance of an investment above or below what its beta and the overall market would explain - skill or luck beyond the benchmark.
Sticky trick
Alpha = beat the expected score. Hard to prove and harder to repeat every year.
Take into the room
In plain English, what is Alpha?
Or open the share card ⭐
Or start your own 5-word trail from home.