intergenerational neutrality

cfalevel2011

what does it mean?

Roflnadal

you have to add inflation to your exp return so that you can maintan the purchasing power. it is just another term.

Valores

so another way of saying, maintaining real value of your assets?

infinitybenzo

Essentially, if you do not preserve the real value of your assets, you are favoring the current generation over the future generation.

strikethree

If I remember the real key takeaway was actually not GROWING the portfolio in REAL terms, just providing inflation protection. EG inflation is matched by return, nothing more.

If you provide real growth above and beyond inflation and any fund mgmt expenses, each subsequent generation gets a benefit above and beyond the prior generation.

Iginla2011

intergenerational neutrality

AF, picking the most obscure word in the CFA book and asking the definition of it

PalacioHill

heteroskedaticity anyone? anyone?

thommo77

SkipE99 Wrote:
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> heteroskedaticity anyone? anyone?


Thats' so 2010 and not as obscure as intergenerational neutrality

mik82

Sorry I am so 2000 and late