Where Alpha Lives: Conviction Crushes Consensus

Where Alpha Lives: Conviction Crushes Consensus by Stan Altshuller, Novus Too good to be true? What if I told you there was a hedge fund that almost doubled the returns of the market over the last decade and did so with the same volatility? Here are the stats since 2004: Furthermore, what if I said that this fund has no fees, has full transparency and daily liquidity? You’d probably say that it’s too good to be true. In fact, what I am describing is not a fund at all, it’s just a collection of 20 stocks, refreshed quarterly based on our…