The Half-Full Glass: Active Managers CAN Outperform Index Funds, Net of Fees

Tags: , , , , , , , , , |

In a supplement to our Alpha Lifecycle research, we find that disciplined active managers who are able to exit positions at or near the peak of their alpha curve can preserve more than 120 bps outperformance (net of fees), per year, vs index funds.

From Texas Hold’em to Performance Coach: An Interview with Poker Pro Chris Sparks

Tags: , , , , , |

Essentia CEO Clare Flynn Levy talks to former top-20 online poker player (and Behavioral Alpha Poker Night host) Chris Sparks about the lessons investment professionals can learn from elite-level poker.

Our New Analysis Demonstrates Alpha Lifecycle

Tags: , , , , , , |

We have long suspected that alpha, a key measure of an investment manager's added value, has a finite life span and often tends to decay over time. Our new research proves it, bringing new insights into the nature of alpha and how portfolio managers can act to sustain it.

Two Questions for Noted Cognitive Neuroscientist Tali Sharot

Tags: , , , , , , |

Ahead of her keynote presentation at this year's Behavioral Alpha conference in London, we talk to Dr. Tali Sharot, Professor of Cognitive Neuroscience at UCL and best-selling author, about the factors that can make us change our minds.

Why investing is like poker (but not chess)

Tags: , , , , , , , , |

Poker legend Annie Duke talks to Clare Flynn Levy about the similarities between poker and investment, and why she believes that human decision-making can hold its own against the algorithms in a world of decision-making complexity.

From Flushing Meadows to the NYSE: Why your behavioral idiosyncrasies matter

Tags: , , , , , , , , |

Player psychology and process has always been important important in tennis - but never more so than at this year's US Open. Guest blogger John Quartararo explores the behavioral rituals of some well-known champions and considers what investors can learn from them.

A deep dive into decision-making: Dr. Nicholas Beecroft

Tags: , , , |

When investing, how often do you step back to consider the valuable information offered by your emotions and physiological state? We review a new process for professional investors that offers deeper insights into how we each invest, and proven techniques for enhanced decision-making.