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.
