Alpha vs beta investing in current forecasts

In current forecasts, alpha vs beta investing may see beta catch-up if broad-based inflation relief materializes, though alpha retains the upper hand due to market micro-momentum plays. At its core, MPT is based on the idea that risk and return are inherently linked and that by carefully selecting a diverse mix of assets, investors can optimize their portfolios to achieve the best possible returns while minimizing risk. This is in contrast to traditional investing approaches, which often focus on picking individual stocks or timing the market. And I don’t let him look at the screen because I don’t want him to see it’s up a lot because it’s not true. I’m like, “I think when it all settles, we’re going to be flat.” And he looks at me and goes, “That’s great. Us too.” And I’m like, “Wait, you are leveraged long equities, right?” He goes, “Yeah.” I go, “If you had to sell them today—I don’t mean a fire sale, obviously, that’s silly for privates—but if you had to sell them today versus yesterday, they’d be down at least what the market would be down, no?” And to his credit he said, “At least.” And I said, “So what?” He goes, “But we don’t have to sell them.” To which any public manager can say, I don’t have to either. There’s really no difference if you’re in the private world. These people are geniuses at valuing a company. If the market crashed 20% and you said value my portfolio today, they could give you a damn good estimate of what it’s worth today. I don’t get why one set of investors—the private versus public—gets to mark their portfolio to what they think it’s worth. While the other set has to mark it to where the market will pay today. Alpha vs beta investing trends highlight that alpha funds are tactically overweight renewable energy stocks, up 18% since April, whereas beta-driven ETFs are pacing with the MSCI World Index at 6% gains for the quarter.