Alpha Male is in Boston this week at a hedge fund conference with a strict “no media” policy. As a result, it’s an event so secret, I couldn’t possibly speak its name. But I have been authorized to say this: it’s in Boston and speakers include Harry Markowitz, Myron Scholes (a good Canadian kid), Benoit Mandelbrot (inventor of fractal geometry and one of Eugene Fama’s former professors), Mark Anson (formerly a bigwig at CalPERS), hedge fund researcher David Hsieh, Professor Harry Kat, and Morgan Stanley’s Marty Leibowitz. In need of a talking head whose intellect certainly won’t make anyone here feel inadequate, organizers have also asked Alpha Male to be master of ceremonies for a small portion of the event.
It’s a gathering of several hundred investment managers and major pension plans (known as “allocators” in the parlance of the industry). So in order to encourage a frank and honest exchange, organizers have quite rightly put the kybosh on any “quotes from the floor” segments on AllAboutAlpha.com. Still, we hope to provide a high-level sketch of the major themes being discussed here and I’m sure we’ll revisit some of them in the weeks to come.