The News Review:
- How Harvard’s Investing Superstars Crashed
- A meaningful investment
- Companies investing with Stanford feel the pinch
- Texas billionaire accused of $8-billion investment scam
- Gold vs. Value Investing: An Historical Perspective
- REIT Buyer Interview ‘” Investing in REITs and Real Estate Mutual Funds
How Harvard’s Investing Superstars Crashed
Forbes NY -
The one category that has done well since last June is conventional Treasury bonds and Harvard appears to have owned little of these. As of its last public disclosure on this score it had a modest 16% allocation to fixed income consisting of 7% in inflation-indexed bonds 4% in corporates and the rest in high-yield and foreign debt. For a long while Harvard’s daring investment style was the envy of the endowment world. It made light bets in plain old stocks and bonds and went hell-for-leather into exotic and illiquid holdings: commodities timberland hedge funds emerging-market equities and private equity partnerships. The risky strategy paid off with market-beating results as long as the market was going up. But risk brings pain in a market crash. Although the full extent of the damage won’t be known until Harvard releases the endowment numbers for June 30 2009 the university is already working on the assumption that the portfolio will be down 30% or $11 billion.
A meaningful investment
Indianapolis Star United States -
While the facts support an almost endless need for dollars to devote to core capital projects Indiana’s cities and towns are grateful that we have the opportunity for any stimulus funds. ur state has diverse needs and we understand that competition for the funds will be fierce. Investing in the backbone of Indiana’s heartland is an investment in the future of our state and would be a meaningful way to accomplish the goals set out by President Barack bama.
Companies investing with Stanford feel the pinch
Houston Chronicle United States -
6 percent of its common shares. A spokesman for New Jersey biotech company declined to comment. Stanford also made a one-time investment eight years ago in USFR Media Group and has a minority share in the Houston company said Gregory Brown the media company’s CE. USFR owns Channel 55 in Houston and Cowboys & Indians Magazine.
Texas billionaire accused of $8-billion investment scam
Los Angeles Times CA -
Allen Stanford and two other principals of his investment and banking empire in a complaint alleging massive fraud. Williams10:45 PM PST February 17 2009R. Allen Stanford the Texas billionaire charged Tuesday with perpetrating an $8-billion investment fraud cast himself as offshore investment guru to the transatlantic jet set and benefactor to the Caribbean islands’ poor through multimillion-dollar promotions of their beloved sport of cricket.
Gold vs. Value Investing: An Historical Perspective
Seeking Alpha NY -
The gold bugs in short were absolutely right. How did the top value investors of the day the David Einhorns of yesteryear perform in the footrace againt gold from 1975-1979? As far as I know none of them made any significant bet on gold at this time–they were just doing good old fashioned value investing. Here is the record taken from the Berkshire Hathaway (.
REIT Buyer Interview ‘” Investing in REITs and Real Estate Mutual Funds
Emailwire -
Earl E Bird III spokesperson for REIT Buyer. com an online service for people to invest in real estate was recently interviewed. He discussed the real estate market and how investing in REITs (. Earl said “While it is true that REITs had a rough year there are still some of them out there that are getting a good return on their money. Look for preferred funds and take a close look at their track record.
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