Comments on: Merrill: Hedge Fund Replication the “Solution” for Hedge Fund Newbies http://allaboutalpha.com/blog/2007/07/29/merrill-hedge-fund-replication-the-solution-for-hedge-fund-newbies/ Hedge funds, portable alpha, 130/30 and alpha-centric investing Fri, 19 Mar 2010 07:52:26 +0000 http://wordpress.org/?v=abc hourly 1 By: Terrence Devitt http://allaboutalpha.com/blog/2007/07/29/merrill-hedge-fund-replication-the-solution-for-hedge-fund-newbies/comment-page-1/#comment-21000 Terrence Devitt Wed, 22 Aug 2007 20:48:37 +0000 http://allaboutalpha.com/blog/2007/07/29/merrill-hedge-fund-replication-the-solution-for-hedge-fund-newbies/#comment-21000 Thanks for another great piece of info on the alternative beta vs alpha debate. I am experimenting with ways to deliver a nice "Greek Alphabet Soup" of Beta, Alpha and just a sprinkle of delta, theta and a wham!... of gamma. I am with the B/D arm of hedge fund of funds firm. Theorectically if one took T_bills and successfully collected equity & index option premium (gamma rent) in a NASD SIPC Reg T margin account, wouldn't that appear to be pure absolute return,the elusive alpha isotope? Served with total online trading and account balance transparency (glass vs black box) CPA clean opinion, reasonable leverage, no headline risk, decent fees , ease of fund access. Your opinion? Thanks for great site. Thanks for another great piece of info on the alternative beta vs alpha debate.

I am experimenting with ways to deliver a nice “Greek Alphabet Soup” of Beta, Alpha and just a sprinkle of delta, theta and a wham!… of gamma.

I am with the B/D arm of hedge fund of funds firm.
Theorectically if one took T_bills and successfully collected equity & index option premium (gamma rent) in a NASD SIPC Reg T margin account, wouldn’t that appear to be pure absolute return,the elusive alpha isotope?

Served with total online trading and account balance transparency (glass vs black box) CPA clean opinion, reasonable leverage, no headline risk, decent fees , ease of fund access. Your opinion?

Thanks for great site.

]]> By: Monday links: anti-risk assets « Abnormal Returns http://allaboutalpha.com/blog/2007/07/29/merrill-hedge-fund-replication-the-solution-for-hedge-fund-newbies/comment-page-1/#comment-16594 Monday links: anti-risk assets « Abnormal Returns Mon, 30 Jul 2007 15:53:06 +0000 http://allaboutalpha.com/blog/2007/07/29/merrill-hedge-fund-replication-the-solution-for-hedge-fund-newbies/#comment-16594 [...] All About Alpha on the prospects for hedge fund replication to be a “solution” for novice hedge fund investors. [...] [...] All About Alpha on the prospects for hedge fund replication to be a “solution” for novice hedge fund investors. [...]

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