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 BlackRock: AI Is Making Inflation Worse Before It Makes It Better Julie Segal Institutional Investor Launches Alpha Edge Buy List to Spotlight Investor-Aligned Private Market Managers The Editorial Team II Communities on Alternative Investments Sponsored by Fidelity Investments