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  • On Market Timing

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  • On Behavior of Endowments Around the 1987 Crash

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  • On Survivorship Bias and Backfill Bias in Mutual Fund Performance

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  • On Finding Inefficient Asset Classes

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  • On the Yale Portfolio Model

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  • On What the Yale Endomwent Looks for in a Fund Manager

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  • On Uncorrelated Assets and Portfolio Risk

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  • On the Yale Portfolio and Changing Asset Exposure

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  • On What the Yale Endowment Looks for in a Fund Manager

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  • On Market Valuation Over Economic Predictions

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  • On the Yale Portfolio and Bond Allocation

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  • On Worrying About Underperforming Peers

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  • On Lack of Transparency in Quantitative Approaches

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  • On Short-Termism

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  • On the Yale Portfolio and Uncorrelated Assets

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  • On Thinking About Tail Risk

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  • On Time Arbitrage and Adding to Declining Positions

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  • On Time Arbitrage

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  • On Shareholders Holding Management Accountable

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  • On “Change” Being a Constant in Market History

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  • On Increase in Small Investors in Bull Markets

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  • On Uncertainty and Past History

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  • On Inflation and Stock Prices

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  • On Impact of Retaining Earnings vs Paying Dividends on Shareholders

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  • On the Abundance of Stocks Trading Below Cash Value in 1932

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