“We remain underweight duration. That's bond talk for time. And we hold gold as a partial duration replacement.”
KM
Kate Moore
Bloomberg Money ·
Kate Moore · Bloomberg Money · Election 'Blue Wave' & Your Wallet; Navigating AI-Driven Market Volatility
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does not own any bonds and holds gold in an ETF as a ballast to a growth-tilted equity portfolio
“We remain underweight duration. That's bond talk for time. And we hold gold as a partial duration replacement.”
“I mean, Morgan Stanley went from 60-40 equities, bonds to 60% bonds, 20% or I mean, 60% equities, 20% bonds, 20% gold, which is pretty amazing for one of the biggest US wire houses.”
“Our portfolio is 80 equities, 20 debt. ... we will be compensated more and make more money effectively off equities than we will bonds.”
“They've got about 57% of their portfolio that are invested in equities and stocks, about 8% in bonds”
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