The Meb Faber Show - Better Investing Indexing Nevada PERS: Steve Edmundson’s $60 Billion Strategy | #527
Mar 29, 2024
Steve Edmundson, CIO of Nevada's $60 billion retirement system, discusses the simplicity of indexing all publicly traded asset classes. He shares insights on cultural approach, private markets, and impact of higher interest rates. Emphasizes quality asset allocation, fee reduction, and managing a $60 billion portfolio. Explores strategies for high-quality bias in asset allocation and navigating bizarre market landscape with zero interest rates. Discusses indexing, rebalancing, and disciplined investment strategies in market movements.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 2min
Exploring Advisor Communication Strategies and Guest's Finance Journey
01:38 • 2min
Insights into Nevada PERS Growth and Investment Strategy
03:42 • 2min
Evolution of Investment Strategy at Nevada PERS
05:36 • 9min
Strategies for High-Quality Bias in Asset Allocation
14:18 • 23min
Navigating a Bizarre Market Landscape
37:43 • 5min
Investment Strategy and Rebalancing in Market Movements
43:10 • 3min