alternative assets

…And we have this crazy self-interest in it because we're trying to move ourselves heavily into the alternative asset area. But again, I hope it resonates with people. I hope you find it interesting. My take, 773-766-5322. If you're the first person to respond to this podcast and listen to it, we will send you a $100 Amazon gift certificate.…

…BlackRock moves heavily into the alternative asset area, suddenly puts out the proclamation that investors should move from 50 to 30, 20 from 60, 40. They should move to having 20% of their holdings in alternative assets. And again, he might not be wrong. It's certainly not an appropriate move. allocation for a typical investor. It might be the right alloc…

…And the record shows some of the alternative assets do better, some do worse. Sometimes it's worth the liquidity difference, sometimes it's not, because you give up liquidity when you go to alternative assets versus typically, traditionally, public equities, public bonds. So Larry Fink is...…