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 For Members Only Light Street Rockets Higher as Tech Bets Fuel 37 Percent Gain Stephen Taub David Greenberg Has Left Virginia Tech Foundation James Comtois Podcast- Back to the Future of Direct Lending: The Alpha Edge in the Traditional Middle Market Sponsored by Fidelity Investments