Risk Management Is The New Asset Allocation |
| October 13, 2012 | October 2012 Bond Updates |
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"Risk management is the new asset allocation," the wise veteran money manager Bob Smith said to me yesterday over lunch. He means that today it is essential to "avoid the downside in a deflationary economy with the prevailing low yields," when the return on the S & P 500 at 2.2% is higher than the return on 10 year treasuries, 1.71%. |
| View more at: http://www.forbes.com/sites/robertlenzner/2012/10/12/risk-management-is-the-new-asset-allocation/ |
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