How planning helps us avoid catastrophic errors while maintaining flexibility and margins of safety allow us to thrive even if our plans don't work out. In this episode you’ll learn: Show Notes Eyes in the sky: a revolution in satellite technology - John Thornhill - FT Magazine Essays In Idleness by Yoshida Kenko Clay Christensen - Disruptive Innovations The End of Theory: Financial Crisis, the Failure of Economics and the Sweep of Human Interaction by Richard … [Read more...]
180: Can You Outperform Harvard’s Endowment?
Why have college endowments underperformed a simple three fund Vanguard portfolio? Should you mirror a simple two or three fund portfolio or invest more like an endowment with multiple asset classes? In this episode you’ll learn: How have college endowments underperformed a simple three Vanguard fund portfolio.What's the difference between time weighted and dollar weighted returns.Why are college endowments shifting more of their portfolios to alternative investments.Why we need to … [Read more...]
