An ongoing study of the Nobel prize winning / billionaire stock pickers who suggest the best way forward is to use index funds.
Browsing: swensen
The endowment funds of Ivy League universities like Yale and Harvard have historically achieved excellent returns, with less volatility than an index tracker fund.
Boring can be profitable, but only if the underlying risk/return case is good. In my personal view, that’s rarely true of corporate bonds.
2008 could well be the year when we investors are reminded about the benefits of asset allocation. This rather academic sounding discipline is generally forgotten in times of roaring stock markets, but when the weather gets rougher, people are glad they’ve packed umbrellas as well as beach towels. I plan…
