An investor doesn't have a prayer of picking a manager that can deliver true alpha.
There are several things that can create an alpha - stock buybacks are one. High dividend yields are another, especially nowadays because the stock market yields more than the banks and the tenure treasury. But by and large, it tends to be companies with a strong cash flow, rising sales, accelerated earnings, a profit margin expansion.
I build no system. I ask an end to privilege, the abolition of slavery, equality of rights, and the reign of law. Justice, nothing else; that is the alpha and omega of my argument: to others I leave the business of governing the world.
Ever since viewing screens entered the home, many observers have worried that they put our brains into a stupor. An early strain of research claimed that when we watch television, our brains mostly exhibit slow alpha waves - indicating a low level of arousal, similar to when we are daydreaming.
'Ali' offers stunning re-creations of bouts Ali fought. In the second Liston fight, the auditorium is underlighted and clouded with fetid cigar smoke, which was why the famous picture of a snarling Ali standing over Liston was so dramatic; indoor arenas are now bright enough to be spotted from Alpha Centauri.
I wash my face at night for sure. If I've had makeup, on I wash it twice. And now that I'm old, I use the Rapid Repair moisturizer, which has all the stuff in it - retinol, alpha, whatever, all of it. And I do use a Neutrogena eye cream, which I didn't used to.
It's a real man who can go out with a woman who's taller than he is. That's an alpha male right there.
Alpha men are very turned on by the alpha woman, really high chemistry, really fun to work with, probably really fun to have affairs with, but there's not sustainable harmony in that lack of complement. There can only be one person in the driver's seat.