THE CHEAPEST ADVICE PROBABLY ISN'T THE BEST (EP.1)
The Rational Reminder Podcast
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Investing in Alternatives, Is It Really Hard to Beat?
The average application to alternatives in the university endowments was 52%. That's 11 basis points less than a simple 60 forty d f portfolio, with just slightly less volatility. Calpers is completely eliminated all alternatives from its pension system. And not necessarily, you know, persistent expectations of el performi just doesn't make more risk anse whatsoever.
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