Jeffrey Gundlach of DoubleLine Comments on Asset Allocation (10/3/11)
On Asset Allocation for the Ultra High Net Worth: Jeffrey says his own assets are now 2/3rd’s outside of the “financial system” other than his ownership stake in DoubleLine. This means fine art, gold, gemstones, rental property etc. He says the ultra wealthy should have 50% of their assets outside of the financial system.
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