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Norway doesn’t sink 1 trillion into the S&P 500. And why should Saudi Arabia to that? It’s a terrible idea. 100% exposure to US equities is a bad bad idea. Ide

by smabie 7y ago

Norway doesn’t sink 1 trillion into the S&P 500. And why should Saudi Arabia to that? It’s a terrible idea. 100% exposure to US equities is a bad bad idea. Ideally as an investor, you wsnt to build a portfolio of uncorrelated assets.

skybrian 7y ago
It would still be a lot more diversified than the Softbank fund is. Okay, so maybe multiple index funds in different countries? And a bunch of bonds funds?
- smabie 7y ago
  The Vision fund is only 100bn, it’s not like they’re mortgaging Aramco and putting all the money in VC.