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Barron's Cover Story: TIAA/Nuveen: A Trillion Dollar Startup Is Making Its Move
The article positively mentions that TCLOX owns real estate property and implies that's helpful diversification.
According to M* that fund-of-funds holds less than 1% in real estate. Why the Barrons writer thinks that almost-invisible percentage is worth pointing out is beyond me. Diversification for an allocation of less than 1%? Really?
@rforno you asked a why question....because like most articles, this article was sanctioned to put the manager/fund/institution in good light....OR... maybe it is simply a matter of quid pro quo... OR...
you get my drift.
I decided some time back I will go GET my news. It's more reliable that way. If someone is GIVING me news, the COB in me suggests is probably horses***. Probably not a good way to go through life, but somehow, guilty until proven innocent is how I chose to read the financial media. They don't have the same rights I would have for society outside finance.
Lastly, what the Barron's writer is thinking is less important. What is more important to understand is that most material does not want YOU to think. Just lap it up. People at MFO, like you, are more discerning.
Comments
According to M* that fund-of-funds holds less than 1% in real estate. Why the Barrons writer thinks that almost-invisible percentage is worth pointing out is beyond me. Diversification for an allocation of less than 1%? Really?
maybe it is simply a matter of quid pro quo...
OR...
you get my drift.
I decided some time back I will go GET my news. It's more reliable that way. If someone is GIVING me news, the COB in me suggests is probably horses***. Probably not a good way to go through life, but somehow, guilty until proven innocent is how I chose to read the financial media. They don't have the same rights I would have for society outside finance.
Lastly, what the Barron's writer is thinking is less important. What is more important to understand is that most material does not want YOU to think. Just lap it up. People at MFO, like you, are more discerning.