Subject: Re: Beating the market
Mungofitch wrote:

TIPS are as different from bonds as they are from stocks. They are in effect entirely different asset class because inflation exists, and is unpredictable.

This is interesting to me. I would be interested in your thoughts about how to evaluate TIPS (as distinct from bonds) with a view to including them in a portfolio that is mostly equities. When I look at model diversified portfolios (which are legion), they rarely include more than a very modest allocation to TIPS.

If you were required, for whatever perverse reason, to maintain a 70/30 portfolio in which the 30 is something other than equities, what would it be?

Baltassar