Ace investor Ben Warwick says in order to achieve exceptional investment performance, investors need to generate market-beating returns, which is possible only if they have an investing ‘edge’.
He says this ‘edge can be defined as ‘alpha’ that depicts the part of an investment fund’s return generated entirely by the skills of the portfolio manager.
“Investors, traders and speculators alike have searched for a dependable source of alpha for as long as there have been financial markets,” he says in his book
Searching for Alpha-The Quest for Exceptional Investment Performance.
Ben Warwick has been in the investment industry since 1990 and is the founder of Quantitative Equity Strategies (QES), a Colorado, US-based quantitative investment management firm that developed indices for the mutual fund industry in 1999.
sinkhole opened up and swallowed a florida building. cnn s martin savage is live in clermont, florida, with the latest. good morning, martin. reporter: good morning, chris. yeah, we expect to get an update from official on just how it all happened. in the meantime, from the whnss who heard the screams and shouts, they thought it was a movie. oh, no, it was all too real. a dramatic moment caught on tape. as a condominium at the summer bay resort collapsed into a sinkhole. not long before it had been packed with vacationers. ben warwick of des moines, iowa, started rolling at the right time. i turned to film the guys talking to the fire department. i heard a crack and i quickly switched over and the roof came down. reporter: for more than 100 guests here to see the land of the magic kingdom, suddenly they were gripped in terror in the middle of the night. it was the most surreal experience. i never could imagine in my
0 now. your announcer: this is new day with chris cuomo, kate bolduan and mckayla pereira. good morning, everybody. welcome to new day, 6:00 in the east, i m chris cuomo. i m kate bolduan. good morning. it s the most controversial practice for america s largest police force, and now the nypd s stop and frisk tactic is under fire from a judge. mayor bloomberg says it saves lives. critics say it amounts to racial profiling. we re going to dive into the debate this morning. also ahead, divorce is too often a blood sport these days, you know that, but murder? a former bank of america executive now stands accused of trying to kill his wife by hiring four hitmen, one of whom was his mistress. one was to take out his wife. now his wife and daughter are going to tell you why they both fear for their lives. let me ask you a question, would you be willing to travel at hyper speed? the hyper loop will take you from l.a. to san francisco in just 30 minutes. that s just the beginn