Delivering Alpha

Hilda Ochoa-Brillembourg is the author of Delivering Alpha: Lessons from 30 Years of Outperforming Investment Benchmarks. Delivering Alpha chronicles Hilda’s reflections and lessons learned over her three decades of experience as an asset manager and World Bank executive. It provides insights for meeting both individual and institutional financial goals. She also provides a roadmap for adding value to globally diversified portfolios. The title of the book is inspired by a financial term alpha, which is the term used to describe the specific amount by which the returns on a specific investment exceed those of the market as a whole. The word alpha derives from Greek and is often denoted by the Greek letter α. In her book, Hilda shares tips and strategies for adding value to portfolios, even amid unpredictable macroeconomic, political, and capital market changes. She provides readers with exclusive strategies to:


  • Build an investment portfolio
  • Determine the “true” value of an investment
  • Optimize managing each asset class
  • Measure and manage risks
  • Avoid common mistakes
  • Cultivate leadership and reward innovation

Praise for Delivering Alpha

“Hilda Ochoa-Brillembourg is one of the great investors of the last 30 years, and Delivering Alpha is a one-of-a-kind, insightful journey into the facts, processes and principles of delivering sustainable value-added investing. And it’s a pleasure to read.”

Ray Dalio

Founder of Bridgewater Associates and author of New York Times #1 bestseller Principles: Life and Work

“Highlights the value of being open to new approaches, adapting to perpetual, sometimes tumultuous changes. This is a good, thoughtful book.”

Paul Volcker

Former Chairman, Federal Reserve

“The bible on risk management.”

David M. Smick

Author of the New York Times bestseller The World is Curved

“Smart, informative, intelligently wrought, and beautifully written.”

Marie Arana

Literary Director, Library of Congress, author of Bolivar and The Writing Life

“A spirited and readable defense of disciplined human judgment in markets that are always, by their very nature, uncertain.”

Niall Ferguson

Milbank Family Senior Fellow, The Hoover Institution, Stanford, and author of The Ascent of Money

“Hilda Ochoa-Brillembourg expertly demonstrates not only why good governance matters, but also what it looks like and how it can be achieved.”

Arthur C. Brooks

President, American Enterprise Institute

Hilda has also published articles in the Financial Analyst Journal and Pensions & Investments, The Atlantic, and International Economy. Take a look on her Media page: