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We're protecting that asset".
Now even that asset could be shrinking.
The good is that asset prices are cheap.
He expressed confidence that asset purchases could help the economy.
But if I did that, asset allocation would have almost nothing to say about Yale's returns.
So, that means that asset allocation is going to be the predominant determinant of returns.
Lastly, we provide causal evidence that asset partitioning, by compartmentalizing risks, facilitates corporate group growth.
But, he added, it is also true that asset price trends are difficult to predict.
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One analysis estimates that asset-backed C.D.O.
Our results indicate that asset-holdings caps can be effective in eliminating bubbles if properly designed.
A major challenge in doing so is that asset-building programs are difficult to administer.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com