SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Pogeu Mahone who wrote (119354)9/18/2009 12:05:54 PM
From: Knighty Tin1 Recommendation  Read Replies (1) of 132070
 
Morningstar makes excuses for Harvard and Yale investment losses in 2008.http://news.morningstar.com/articlenet/article.aspx?id=308861&pgid=fundarticle

The long term records have been fine, but that doesn't mean they will continue to be. I fear the concept of wanting to own or do a little bit of everything is more a sign of fear and indecisiveness than of investment savvy. But, given that so many of us have a tendency to zig when we should have zagged (I call it "being too early" when I screw up), perhaps that is the only way to run these portfolios.

But the Yale style of investing, while adding asset classes many other investors don't use, looks like having 720 clocks, each of which is stopped at one minute past the previous clock. Yes, you always have the correct time on one clock, but that doesn't mean you know if it is the hour "Sponge Bob" comes on the telly. <G>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext