标题: ex post redundant asset = real estate? book5, pg 22 [打印本页] 作者: studyn 时间: 2013-5-7 22:02 标题: ex post redundant asset = real estate? book5, pg 22
How to explain in simple terms a statement - ” real estate is an ex post redundant asset in the presence of hedge funds and commodities”. Intuitively what does it mean?
TY.作者: bdavi77962 时间: 2013-5-7 22:06
does not provide the necessary diversification effect in the presence of hedge funds / commodities.
look at the sharpe ratio / returns / std dev for the 3 cases:
Stocks + bonds + RE
Stocks + bonds + RE + HF + Commidities
Stocks + bonds + HF + Commodities
