Just as I’m heading out the door for a week-long holiday, I see that Financial Advisor has published my latest piece on a new generation of research focused on the eternal search for excess returns born of skilled trading, a.k.a. alpha. As per the article’s title, it’s an old debate with some new twists. For the details, read on here…

I’ll be traveling for the next week and so posting will be light to nonexistent until I return to the usual affairs on July 20 or thereabouts. To wit, man cannot live by economics and finance alone.