Yeah, the 1986 Rodney Dangerfield movie was good but that may be a topic for another post. The focus of this post, however, is how you can learn from one of the largest investors in America that also happens to educate some of the brightest minds in America. No, I am not suggesting you enroll for courses but you can learn how to manage your money from places like Harvard.
A page from Harvard
Harvard and the Ivy League schools have very large endowments of which the money managers for those endowments are considers some of the best around. Granted 2008 was not kind to Harvard either but you can still learn a thing or two from them. In a Bloomberg.com article dated May 14, 2009 titled Harvard Buys Korea, Brazil ETFs as Emerging Markets Beat U.S. Gillian Wee outlines that the Harvard Management Company which manages more than $28 billion recently added some emerging market ETFs to their portfolio.
Reading between the lines
With $28 billion under managment it is safe to say Harvard Management Company (HMC) can invest in most anything, anywhere yet they have chosen to utilize ETFs for their portfolio. What is in your portoflio? Note that HMC did not choose actively managed mutual funds. You can check out HMC website for yourself and see what a diversified portfolio looks like. Perhaps you should take a page from Harvard and consider adding ETFs to your portfolio.
