[quote=newnew]I can tell by your posts that you know what’s up, B24. I just know that increasing commission to a rep based on bond length of maturity creates a lot of long durations and the resulting price swings. [/quote]


I can tell by your posts that you don’t know what’s up. Length of maturity is determined by the issuer of the debt. I hope you’re not trying to help people with actual money.

[quote=buyandhold]<?: prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Do you still believe in those after this year?
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Of course…but those are not the only things that I believe in.

[quote=buyandhold]

If you do, how do you allocate it and what classes do you use?
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Here is an example of an allocation I like to use:

20% Real Assets

40% Fixed Income

          30% Bonds

          10% Target Return

40% Equity

          30% Public

          10% Private

Of course this is for Large >$1.5MM porfolios

[quote=buyandhold]

Do you need alternative investments like real estate or commodities to be diversified and how do you find those?

[/quote]

If your asset size can justify then yes, you need AI.

[quote=buyandhold]

Do you hedge?
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Whenever possible…unfortunately typically only on larger accounts.

[quote=buyandhold]

Should we just find a good asset allocation fund(s) and use that?
[/quote]

MALOX works well

[quote=Borker Boy]

Has anyone heard of this cat?

Hank: huh?

[quote=newnew]Hank: huh?

thx

[quote=buyandhold]Do you still believe in those after this year?
If you do, how do you allocate it and what classes do you use?
Do you use the Morningstar hypo box? If so, how much more do you allocate to large caps than mid or small? Do you believe there really is a quantifiable difference between Growth and Value?
Is there really such as thing as Jones’ Growth and Income column?
Do you need alternative investments like real estate or commodities to be diversified and how do you find those?
Do you hedge?
Should we just find a good asset allocation fund(s) and use that?
Why is Warren Buffet get so wealthy and not appear to believe in diversification?

My take:
Yes, I still believe in asset allocation despite this year’s downturn. 

I allocate among domestic equities and bonds, international equities and bonds, absolute return funds, alternative investments (i.e. managed futures, market neutral, commodities, REITS, etc.), and cash.

No, I no longer use the MS style box as I did before.

I hedge with bear market funds sometimes, but for specific clients.

I use asset allocation funds for smaller accounts only.

I think WB still believes in diversification, but not as we advisors know it.  He diversifies his holdings by buying companies at discount prices.  As owner and stakeholder, he also has a lot of influence on how his companies’ stocks perform.






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