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Money Mavericks, 2nd Edition
book

Money Mavericks, 2nd Edition

by Lars Kroijer
September 2012
Intermediate to advanced content levelIntermediate to advanced
248 pages
11h 17m
English
FT Publishing International
Content preview from Money Mavericks, 2nd Edition
224 The f as t ro ad d ow n
You will notice that the above portfolio excludes things like real estate,
hedge funds, private equity/venture funds, commodities, etc., which
often constitute well-publicised success stories and form an integral
part of endowment-type allocations. For the right investor those
investment opportunities can add greatly to a portfolio, but in terms
of putting together a simple and generic portfolio for the ‘no-edge’
investor some caution is warranted. Remember that:
V
The excluded types of investments are typically very illiquid and
particularly in times of stress there can be huge discounts if you ...
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Publisher Resources

ISBN: 9780273772507