Alpha

The second-largest U.S. coal producer, agreed to pay a $27.5 million fine and spend about $200 million to implement wastewater treatment systems.
Viewed from the outside, professional investment management sometimes looks like a space reserved for the best and brightest, and one that is cluttered with financial jargon, keeping the layman out.
The CFTC says the defendants committed solicitation fraud, issued false account statements, and misappropriated pool participant funds.
Plain vanilla puts are effective, but expensive tail insurance. You can save by adding extreme drop protection to more moderate insurance
Fat-tail insurance programs are all the rage, but a more efficient way to manage that risk is to diversify into strategies that provide crisis alpha, like managed futures