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Some are valuable, others are stark reminders of how much hubris exsited before the financial collapse. Example: here's one from Goldman Sachs which is essenti
by steveplace 18y ago
Some are valuable, others are stark reminders of how much hubris exsited before the financial collapse.
Example: here's one from Goldman Sachs which is essentially a sales pitch for adding Mortgage Backed Securities to a portfolio: http://bit.ly/N4dMb http://bit.ly/N4dMb
A quote from that: We believe investors have the opportunity to significantly improve their risk/return profile by strategically
allocating a portion of their portfolio to the MBS/securitized sector for two important reasons:
1) the historically attractive risk/return profile of the securitized sector and attractive yield opportunities
relative to Treasuries and 2) the diversification benefits from introducing new sources of risk and
potential return to the portfolio.