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Old 01-04-2013, 20:46   #21
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Join Date: Jul 2002
Location: California
Posts: 21,279

Sounds like they are changing stratagies.

The $251.5 billion California Public Employees’ Retirement System (CalPERS) gained 9.3% on its real asset portfolio, and plans to invest more next year, according its annual report for the 2011-2012 fiscal year. As of June 30, the fund’s real asset portfolio totaled $4.69 billion.

Sounds like that porfolio did better than the commodities.

Maybe they shouldn't have listened to some on GT about buying gold.
I wonder if your assessment of "The Wizard of Oz" would sound something like "A teenaged orphan runs away with three psychotic AD/HD patients and a little dog. She kills the first two women she meets." --Sinecure 07/03/2006
Freakin' awsome!! Kickin it old school. Hot sheet on the dash. The report was probably only two sentences. Long live Rencko and Bobbie Hill!--WhiskeyT
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