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30% of the overall portfolio was invested in equities in 2008, and losses were no more than 7% including fees when the market (S&P 500) lost 50% of its overall
by roymurdock 11y ago
30% of the overall portfolio was invested in equities in 2008, and losses were no more than 7% including fees when the market (S&P 500) lost 50% of its overall value? That's some extremely impressive diversification, especially considering how many asset classes in the world lost value in the 2007-2008 due to their correlation with the real estate/equity markets.