This table shows the sensitivity of measurement o assumptions about alpha and correlations. The first line indicates that if a manager had a true alpha of 1% and returns which had a correlation coefficient
80 Year Problem
![80 Year Problem](https://emadzikry.com/wp-content/uploads/2023/09/Screenshot-2.png)
This table shows the sensitivity of measurement o assumptions about alpha and correlations. The first line indicates that if a manager had a true alpha of 1% and returns which had a correlation coefficient