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 With Oil Prices Hitting ‘Scary Numbers,’ Conning Warns of Inflationary ‘Bleed-Through’ James Comtois As Higher Ed Struggles with Funding, More Small Schools Turn to Restricted Funds James Comtois Global Equities: One-Country Bias Doesn’t Always Pay Sponsored by Schroders