Analyze_This

willispierre Wrote:
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> Exactly cpierce...If they are currently
> underfunded, they will have below average ability
> to take risk. You definitely wouldn't increase
> your return requirements and start investing in
> equity, PE, etc...


The CFAI text said something to the effect of: When underfunded -

"They will need to supress their willingess to seek higher returns because they cannot accomodate extra risk"

not a direct quote... but that was the jist