In investing, I have a heavy focus on reinsurance companies, and I enjoy learning how to value their investment portfolio and underwriting ability, taking inspiration from the reinsurance companies that Warren Buffett used to help build Berkshire Hathaway's investing empire. The other focused... More
Barron's high net-worth paper, Penta, just released an inside look at Goldman Sach Private Wealth Management (GS). Most interesting to me was the asset allocation for high net worth, conservative portfolios.
Commentary:
50% investment grade US Muni debt, and just smatterings of 0.5-7% for a number of other things, including a few hedge fund strategies, MLP, and private equity among other things.
Interesting. I'm not going to follow it, but it's interesting.
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Barron's: An Inside Look At Goldman Sach Private Wealth Management 0 comments
Barron's high net-worth paper, Penta, just released an inside look at Goldman Sach Private Wealth Management (GS). Most interesting to me was the asset allocation for high net worth, conservative portfolios.
Commentary:
50% investment grade US Muni debt, and just smatterings of 0.5-7% for a number of other things, including a few hedge fund strategies, MLP, and private equity among other things.
Interesting. I'm not going to follow it, but it's interesting.
Disclosure: I am long GS.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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