alt Hacker News> 17. There will always be alpha in reviewing something.
What does alpha mean in this case? I only understand this term in from a finance perspective (excess returns). Is it used here to mean 'value'? E.g. there is always value in reviewing something?
Replies
semanticc • yesterday at 11:10 PM
Literally means excess returns here as well (a better outcome to those that don't review anything).
In this context, "alpha" is knowledge that gives you a competitive advantage.