Smart Beta vs. Alpha + Beta

Can we create a simple and clean equity portfolio by separating alpha from beta?

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Sun Microsystems co-founder Scott McNealy is hoping to find a buyer for his amenity-stuffed megamansion in Silicon Valley, now available for $53.9 million. The tech tycoon’s hilltop home in Portola Valley was initially offered in 2018 for almost $100 million through a company called REX Real Estate Exchange, of which McNealy is an investor, according…

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An Italian Bank Run Could Crack the Euro

Should a bank run in Italy ensue, could the euro fall apart?

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