Maggie's Farm

We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.

Our Recent Essays Behind the Front Page

Much Sorry with Delays
Birth, Death and All That Stuff in Between
How to Honor Labor Day, Every Day
My Yom Kippur Miracle (Repost from 2010)
Good intro to fly casting
Peach update, with pie
NYC update
Easy for you to say: To the elites on mass immigration
For NYC on 9/11, Sailors' Snug Harbor
Pickled Peaches
Water Shoes
Labor Costs in U.S.
Your "identity"
Good news about The Great Courses
Uses of Hot Pepper Jelly/Sauce, Chutneys, and Jams
A Saturday Drive to Litchfield County, CT
How to Pick a Kayak
Civilized: Fruit forks and knives
Loads of kayaking on Cape Cod
Psychology Experiments' Questionable Results

Categories


All categories

Quicksearch

Links

Blog Administration

Open login screen

RSS Readers

Add to Google

Subscribe with Bloglines

Tuesday, October 2. 2007

An ideal savings portfolio from Yale

We did ideal shotguns first today (for grouse and woodcock, I like my old 20 ga. s/s Abercrombie and Fitch Rizzini boxlock choked cylinder and modified) - and now ideal portfolios.

The well-endowed American universities are becoming little more than investment funds with high educational overhead. Portfolio construction is not exactly rocket science, but Yale's David Swenson seems to be doing a better job of it than I am. Plus the guy is grossly underpaid in relation to the value he adds. (h/t, Mankiw)

Posted by The Barrister in The Culture, "Culture," Pop Culture and Recreation at 08:55 | Comment (1) | Trackbacks (0)

Trackbacks
Trackback specific URI for this entry

No Trackbacks

Comments
Display comments as (Linear | Threaded)

Portfolio construction is not rocket science. It's more 'art' than science. Volatility in fixed income, commodity and currency markets bleeds over into equity asset classes providing opportunities to outperform. Asset class weightings are adjusted in anticipation of volatility levelling off. In volatile conditions, things get overdone to both the upside and the downside. One needs to be opportunistic and take advantage of those short-term mispricings. By all means, construct the portfolio but be ready to trade around the edges which is what 'rebalancing' is all about.
#1 Tom C., Stamford, Ct. on 2007-10-03 09:08 (Reply)

Add Comment
(Your e-mail will not show in your comment)

By commenting on this site you agree to the site rules listed here. Email
addresses will not be displayed and will only be used for email notifications.

Quick reference guide: [i] italics [/i], [b] bold [/b], [u] underline [/u],
[url] (web address) [/url]. More tips here.

Enclosing asterisks marks text as bold (*word*), underscore are made via _word_.
E-Mail addresses will not be displayed and will only be used for E-Mail notifications.

To prevent automated Bots from commentspamming, please enter the string you see in the image below in the appropriate input box. Your comment will only be submitted if the strings match. Please ensure that your browser supports and accepts cookies, or your comment cannot be verified correctly.
CAPTCHA

BBCode format allowed
 
 
A Chris Southern Consulting website.