I hope that is the answer. Otherwise, we all need to go buy private equity.I would guess the argument would be the private/public ratio.Isn’t this true of many other asset classes as well? For example, some consumer staples companies are privately held, so holding only public companies will underweight the universe. Or is the argument for real estate that the private/public ratio is much higher?Thus, if you hold real estate in proportion to its weight in the stock market, you are underweighting it relative to its proportion in the investment universe.
Statistics: Posted by Gaston — Mon Mar 11, 2024 6:19 pm — Replies 52 — Views 4628