College Endowments
I came across an excellent chart from Mabene Faber on Worldbeta comparing the amazing returns of the Ivy League endowments with a simple market timing and asset allocation model. The results are surprising!
According to the paper this was based upon, this strategy offers equity like returns, bond like volatility, and positive results for the past 30 years!!!
My only word of caution is that as soon as a strategy becomes popular and people pile up on it, it usually becomes unprofitable....Wall Street is a big marketing machine and I have a feeling this strategy could sell! Anyone interested in starting a hedge fund? Let's grab a drink!
I came across an excellent chart from Mabene Faber on Worldbeta comparing the amazing returns of the Ivy League endowments with a simple market timing and asset allocation model. The results are surprising!
According to the paper this was based upon, this strategy offers equity like returns, bond like volatility, and positive results for the past 30 years!!!
My only word of caution is that as soon as a strategy becomes popular and people pile up on it, it usually becomes unprofitable....Wall Street is a big marketing machine and I have a feeling this strategy could sell! Anyone interested in starting a hedge fund? Let's grab a drink!
posted by market operator at 10:50 AM
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