“Bob Rice has delivered a concise and punchy description of the role of Alternatives in what many have characterized as the ‘endowment model.’The extent to which non-institutional investors, as well as some smaller institutional ones, can fruitfully adopt Alternatives into their investment thinking and practices will depend significantly in understanding the opportunities and pitfalls so well articulated by Rice. This should be a primary text for all investment managers to consider.” - Allan S. Bufferd, Treasurer Emeritus, M.I.T
The Alternative Answer
The Nontraditional Investments That Drive the World's Best Performing Portfolios