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Alternative Investments: For Beta, Not Alpha

Plenty of misunderstanding remains regarding what alternative-asset classes are and how investors should incorporate them into their portfolios. Bill Kelly, CEO of the Chartered Alternative Investment Analyst Association (CAIA), warns that those who see private equity, hedge funds, or precious metals as absolute investment vehicles are in for a disappointment. Rather than achieving alpha, Kelly argues that alternative investments help diversify risks and limit exposure to market turns.
I am just pondering punchy words for the headline. Show notes:

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