My latest post for Alpha Baskets looks at the recently announced changes at the Harvard Endowment and includes the following;
Jack Meyer was well known for owning timber assets when he ran the HMC for its diversification benefits, he said it had no correlation to equities. This is part of what the so called endowment portfolio is all about and why so many investors who are not endowments have tried to emulate it; strong results that include sophisticated investments. For many years I have blogged about influence as opposed to emulation of the endowments.
Please click through to read the entire post.
From a regional training exercise last April
Venice last April
Last year’s Mint 400 off road race. I am going back for this years race so hopefully I can get some interesting pictures.