I think I was a little unclear. I'm not actually proposing fuzzing alpha, just capitalizing on survivor bias. Basically my idea was that if you're going to spin

I think I was a little unclear. I'm not actually proposing fuzzing alpha, just capitalizing on survivor bias. Basically my idea was that if you're going to spin up a 'normal' managed fund, you'll average tracking the market, with some chance of success or failure beyond that. If that's all you're doing, you might as well go all-out on claiming to have secret sauce that produces your alpha. I'm not expecting you'll get any, just that you might as well have a media-friendly way of picking if you don't have an actually useful one.