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55 | Chris Schelling | The Psychology of Investing

The Greatness Machine

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The Difference Between Alt and Alternative Investment Strategies

An alt is an alternative investment vehicle that uses non-traditional strategies. It can include hedge funds, private equity, real estate and derivatives. There's more innovation going on in those markets but also greater risk because of the complexity. If you have a bad manager, for instance, you're going to trail the average by 10% or 15%.

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