I want to talk about 13F's. Sophisticated investors know the alpha is very weak.

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I want to talk about 13F's. Sophisticated investors know the alpha is very weak.

· @michaelsikand

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I want to talk about 13F's. Sophisticated investors know the alpha is very weak. 45 day lag, only US equities, indistinguishable hedges, and by the time the PDF drops the algos priced in the celebrity pop. Leopold's in particular was noisy at best. But we should not bash

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