3. SHELF it · Money

BR 235: The Ivy Portfolio by Meb Faber

Category: 3 – SHELF it (All Categories are 1 – Read ASAP!, 2 – BUY it!, 3 – SHELF it, 4 – SOMEDAY it)

Comments: Interesting compilation of how endowment managers of the best Ivy league endowments manage their money. Very applicable to personal investing and offers a sliding scale of actions depending on how actively you want to manage your money.

Top 3 Lessons:

  1. Ivy portfolio is 20% each for
    • us stocks
    • International stocks (VWO has emerging stocks or GWX, EWX)
    • Bonds (consider TIPS)
    • Commodities – DBC, GSG (international) – could also do DBA, DBB, DBE, DBP
    • Real estate – VNQ, RWX (foreign real estate), IGF (infrastructure)
  2. If you really want to buy individual stocks, all institutional investors disclose their individual stock holdings. Why would you not follow them?

Book notes here.