How to Harness Volatility to Unlock Alpha

Excess Growth–a revolutionary finding discovered 35 years ago–serves over 190 institutional investors on five continents today. Yet, it may still be the best kept secret in investing. It's time to rediscover this important breakthrough and challenge your own investing conventions. 

  • Why is a portfolio's compound return NOT the average of compound returns for its constituents?
  • How much Excess Growth can be captured consistently?
  • How is this unique alpha source persistent independent of other risk premia?


The Excess Growth Rate: The Best-Kept Secret in Investing