
Asset Allocation
San Bernardino County Moves to Trim Foreign Stocks
The California county’s plan, already low on equities, reduces its stock allotment further due to the world’s troubles.
The California county’s plan, already low on equities, reduces its stock allotment further due to the world’s troubles.
With good results in hand, he is shifting the allocation of his California transit agency pension fund and health care trust, aiming for still better performance.
The investing legend has long advocated domestic shares. But are they always the best bet? And why did he buy Israel’s Teva, anyway?