The Price of Generating Alpha Alpha is a zero-sum game, according to David Villa of the State of Wisconsin’s Investment Board. Here he talks about how making the right errors leads to high returns. Related Articles Family Office Real Estate Investors Increasingly Turn to Redevelopment John Crabb Engagement and Stewardship Champion: LD Fonde’s Active Ownership Sets a High Bar Morningstar’s Idzorek Explores a New Paradigm for Allocators Sponsored by Morningstar