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The Ultimate Position Sizing Guide - Part 1: Sizing Matters, But How Much

3/31/25
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More Evidence Of Manager Skill – Concentration Manifesto Continued
Alpha Theory, Alpha Theory blog, Cameron Hight, Concentration Manifesto, batting average, win percentage, measuring skill
Jul 5, 2018
Don’t Double Discount Your Discounted Cash Flow
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Don’t Double Discount Your Discounted Cash Flow
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Positive Skew…Part 2 – Maybe It’s Not So Bad For Active Managers After All
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Positive Skew…Part 2 – Maybe It’s Not So Bad For Active Managers After All
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May 3, 2018
Positive Skew Is Negative For Active Managers
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Benn Dunn
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Positive Skew Is Negative For Active Managers
Alpha Theory, Alpha Theory blog, Cameron Hight, positive skew, market skew
Apr 6, 2018
Size-Based Batting - A Different Perspective On Stock Selection
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Size-Based Batting - A Different Perspective On Stock Selection
Alpha Theory, Alpha Theory blog, Cameron Hight, batting average, stock picking, size-based batting
Mar 2, 2018
Alpha Theory Case Study: Top Performing Funds Of 2017
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Alpha Theory Case Study: Top Performing Funds Of 2017
Alpha Theory, Alpha Theory blog, Cameron Hight, case study, equity fund
Feb 7, 2018
2017 Year In Review
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2017 Year In Review
Alpha Theory, Alpha Theory blog, Cameron Hight, position sizing, research slippage
Jan 5, 2018
Superforecasting For Investors: Part 2
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Institutional Investor
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Superforecasting For Investors: Part 2
Alpha Theory, Alpha Theory blog, Cameron Hight, book club, superforecasting
Dec 15, 2017
Concentration During Periods Of High Volatility
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Concentration During Periods Of High Volatility
Alpha Theory, Alpha Theory blog, Cameron Hight, concentration manifesto, high volatility, monte carlo
Dec 1, 2017
Predictably Insightful: Recap Of The Behavioral Alpha Conference
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Clare Flynn Levy
Essentia Analytics
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Predictably Insightful: Recap Of The Behavioral Alpha Conference
Alpha Theory, Alpha Theory blog, Cameron Hight, Behavioral Alpha Conference, Essentia Analytics, Predictably Irrational
Nov 10, 2017
American Idols
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Oct 20, 2017
Poker: Art Vs Science
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Poker: Art Vs Science
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Oct 6, 2017
Asset Manager Reliance On Human Judgement Vs Machine
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Asset Manager Reliance On Human Judgement Vs Machine
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Sep 14, 2017
Man Versus Model Of Man: Lewis Goldberg
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Man Versus Model Of Man: Lewis Goldberg
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Aug 18, 2017
Crist On Value
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Crist On Value
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Jul 28, 2017
Jason Zweig On Being Your Own Quant
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Jason Zweig On Being Your Own Quant
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Jul 5, 2017
The Value Of Price Targets
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The Value Of Price Targets
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Jun 1, 2017
Changing The Course Of Active Management — The Concentration Manifesto
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Changing The Course Of Active Management — The Concentration Manifesto
Alpha Theory, Alpha Theory blog, Cameron Hight, Concentration Manifesto, maximize edge
May 15, 2017
Investor Bias Seen In Data
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Investor Bias Seen In Data
Alpha Theory, Alpha Theory blog, investor bias, optimal position size
Apr 17, 2017
Ted Seides - Alpha Theory Book Club
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Ted Seides - Alpha Theory Book Club
Alpha Theory, Alpha Theory blog, Cameron Hight, Ted Seides, hedge fund, book club
Mar 13, 2017
Stock Picking Is Hard
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Stock Picking Is Hard
Alpha Theory, Alpha Theory blog, Cameron Hight, CNBC, Berkshire Hathaway, The Mundanity of Excellence, Michael Mauboussin
Feb 24, 2017
ALPHA THEORY - 2016 YEAR IN REVIEW
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ALPHA THEORY - 2016 YEAR IN REVIEW
Alpha Theory, Alpha Theory blog, Cameron Hight, HFRI Equity Hedge Index, optimal position sizing, return on invested capital, forecasting
Jan 31, 2017
2017 NEW YEAR’S RESOLUTIONS
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2017 NEW YEAR’S RESOLUTIONS
Alpha Theory, Alpha Theory blog, Cameron Hight, New Years Resolution, investment process, build habits, achieve goals
Dec 28, 2016
Using Analytics To Improve Investment Process
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Using Analytics To Improve Investment Process
Alpha Theory, Alpha Theory blog, Cameron Hight, forecast analytics, probability,
Nov 30, 2016
LUCK VS. SKILL IN INVESTING (Alpha Theory Book Club With Michael Mauboussin)
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LUCK VS. SKILL IN INVESTING (Alpha Theory Book Club With Michael Mauboussin)
Alpha Theory, Alpha Theory blog, Cameron Hight, Success Equation, Michael Mauboussin, book club, luck and skill
Oct 7, 2016
The Day The Music Died
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The Day The Music Died
Alpha Theory, Alpha Theory blog, Fantasy Football, Cameron Hight
Sep 12, 2016
THE CROWDING CONUNDRUM
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THE CROWDING CONUNDRUM
Alpha Theory, Alpha Theory blog, Cameron Hight, crowdedness, position sizing, Novus
Sep 1, 2016
The Power Of Process — How Fundamental Investors Benefit From Quantitative Thinking
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The Power Of Process — How Fundamental Investors Benefit From Quantitative Thinking
Alpha Theory, Alpha Theory blog, Cameron Hight, quantitative thinking, explicit forecasts, position sizing
Aug 11, 2016
Superforecasting – Alpha Theory Book Club
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Superforecasting – Alpha Theory Book Club
Alpha Theory, Alpha Theory blog, superforecasting, Cameron Hight, book club
Jul 18, 2016
How Good Are My Analysts? Building A Better Hedge Fund Through Moneyball & Superforecasting
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How Good Are My Analysts? Building A Better Hedge Fund Through Moneyball & Superforecasting
Alpha Theory, Alpha Theory blog, Cameron Hight, accuracy score, Moneyball, batting average, price targets, probabilities
Jun 21, 2016
All In A Day’s Work – Mental Capital Allocation
Portfolio Strategy
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All In A Day’s Work – Mental Capital Allocation
Alpha Theory, Alpha Theory blog, Cameron Hight, mental capital, position sizing
May 31, 2016
The Misperception Of False Precision For Price Targets And Probabilities
Portfolio Strategy
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The Misperception Of False Precision For Price Targets And Probabilities
Alpha Theory, Alpha Theory blog, Cameron Hight, price targets, probabilities, downside, risk-reward
Apr 25, 2016
Active Managers: The Time Is Now
Clare Flynn Levy
Essentia Analytics
Portfolio Strategy
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Active Managers: The Time Is Now
Alpha Theory, Alpha Theory blog, Cameron Hight, Essentia Analytics, hedge, long-only
Apr 4, 2016
Ruminations On Risk
Benn Dunn
Risk Management
Ruminations On Risk
Alpha Theory, Alpha Theory blog, Cameron Hight, Benn Dunn, Alpha Theory Advisors
Mar 21, 2016
How Do Hedge Funds Become Better Forecasters? - A Collaborative Study Between Novus And Alpha Theory.
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How Do Hedge Funds Become Better Forecasters? - A Collaborative Study Between Novus And Alpha Theory.
Alpha Theory, Alpha Theory blog, hedge funds, forecasting, price targets
Feb 22, 2016
The Performance Of Process
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The Performance Of Process
Alpha Theory, Alpha Theory blog, discipline, disciplined investment process, position sizing
Jan 26, 2016
AN INVESTOR’S NEW YEAR’S REFLECTION
Portfolio Strategy
AN INVESTOR’S NEW YEAR’S REFLECTION
Alpha Theory, Alpha Theory blog, Cameron Hight, position sizing, golden rule, mental capital
Dec 29, 2015
Superforecasting: The Future Of Analyst Performance Measurement
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Superforecasting: The Future Of Analyst Performance Measurement
Alpha Theory, Alpha Theory Blog, Brier Score, superforecasting, price forecasts
Nov 30, 2015
Do Price Targets Matter In Volatile Markets? (And, Why Alpha Theory Should Be A Starting Point Even In Turbulent Times)
Portfolio Optimization
Do Price Targets Matter In Volatile Markets? (And, Why Alpha Theory Should Be A Starting Point Even In Turbulent Times)
Alpha Theory, Alpha Theory blog, Cameron Hight, price targets, volatile markets, down directional market
Oct 12, 2015
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