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Politics : Formerly About Applied Materials
AMAT 255.21+1.1%3:49 PM EST
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To: Sam Citron who wrote (61943)3/12/2002 4:23:27 PM
From: Cary Salsberg  Read Replies (1) of 70976
 
RE: "Cary's allocation between the cash basket and the stock basket seems to be quite variable and highly dependent on the expected relative yields of each of these baskets."

This is not true! Stocks were ~ 15% of liquid assets in 1998 and have moved to ~22% of liquid assets in 2002. Liquid assets increased ~65% between 1998 and 2002. My stock allocation is what I feel I can afford to lose, and it has no relation to relative yields.
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