Remember, benchmark performance -- beta -- can be had for virtually free; alpha is what active managers are paid to generate.
Paul McCulley
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"Paul McCulley Quotes." Quoteslyfe.com, 2024. Thu. 26 Dec. 2024. <https://www.quoteslyfe.com/quote/Remember-benchmark-performance-beta-can-be-had-941927>.
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This page presents the quote "Remember, benchmark performance -- beta -- can be had for virtually free; alpha is what active managers are paid to generate.". Author of this quote is Paul McCulley. This quote is about beta, managers, paid, active, remember, performances,.