Academic

IN THE MAIL: The Ivy Portfolio: How to Invest Like the Top Endowments and Avoid Bear Markets. UP?

By Glenn Reynolds

IN THE MAIL: The Ivy Portfolio: How to Invest Like the Top Endowments and Avoid Bear Markets.

UPDATE: Bad timing?

ANOTHER UPDATE: Mebane Faber emails:

A big thanks for the book mention!

Just to be clear, the book only uses the endowments as a starting point. We published a paper in 2007 that would have protected investors from the bear markets of 2008/09 (it’s Chapter 7 in the book). So while Yale and Harvard got hammered last year, our clients and readers should have been just fine. The paper is now the 10th most read paper on SSRN, so hopefully a lot of investors implemented it before the crash.

Interesting.

MORE: Faber emails: “PS Here is the performance for the strategy though 08.”

Full post as published by Instapundit.com on July 01, 2009 (boomark / email).