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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (15920)11/16/2004 10:31:26 AM
From: yard_man  Respond to of 116555
 
mish, did you see the story on Calpers -- doubling the amount they have with hedge funds? I mean if they can go from 1% to 2% -- why not just put 20%?? They said returns have been less volatile than for stocks (for the whole ??year?? they've had money with the fund). Course some of the carp they are invested in is akin to hedge funds anyway -- so what's the difference -- who really understands FNMs or GEs books anyway?