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Chuck Jaffe's Money Life Show 7/31/14 Mark Yusko,Manager, Morgan Creek Tactical Allocation I Fund
Vintage, I agree regarding Chuck Jaffe. His Marketwatch articles are usually selling something. One of his latest was about the death of buy and hold investing, something he had been promoting for years. What changed his mind all of a sudden?
All right then. Another investor simply famous for being famous. Managed endowments for Universities. We hear that an automatically assume he must be good. Too many of such managers in the last quarter of last century had stellar returns managing endowments which do not suffer from fickle investors moving in and out of their funds and who have steady cash inflows from increasingly increasing tuitions regardless of market conditions.
I recall El Erian was famous for managing Harvard endowment? For what period might I ask. Wait, don't tell me.
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http://www.mutualfundobserver.com/2014/07/meb-update/
I recall El Erian was famous for managing Harvard endowment? For what period might I ask. Wait, don't tell me.