All About Alpha has a great Andrew Lo graphic depicting how Alpha eventually morphs into Beta:
A picture of the “betafication” of alpha
29 July 2008
What will happen to the quants in August 2017?
MIT and AlphaSimplex
David Weidner’s new column (out tomorrow) proposes outlawing the sale of any stocks for a loss.
Cox: But I was getting a pedicure the other day and I thought, ‘Why not just short selling?’ What about ALL selling?’ Why not make a rule that prohibits selling a stock for a price lower than the last trade. We’d stop losses altogether. Everyone would make a profit. Unlike some of these other measures you’ve heard today, it wouldn’t cost taxpayers a penny. So, what do you think of the Cox No-Loss Sale rule?
The no-loss sell rule
What if we tried a new strategy in the next six months?
MarketWatch, 12:01 a.m. EDT July 31, 2008