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Stardepots in comparison: What Buffett, Swensen and Faber really have in common

Which guru to follow? Huber compares 12 star portfolios and shows: Swensen wins. Why is true diversification more important than individual holdings?

Star-Depots im Vergleich – Modellportfolios analysiert

12 investment legends analyzed

In his thesis, Huber compares 12 “star portfolios” – the portfolios of great investment legends (table 16/17).

The 12 star depots in the Sharpe ratio comparison
Higher = better risk-adjusted return ratio
Buffett 0,84 Swensen 1,15 Dalio 1,04 Lynch 1,35 Faber 1,08 Grantham 1,28 0 0.5 1.0 1.5

The winning allocation

David Swensen (Yale Endowment) beats everyone else. His secret: extreme diversification across assets.

Swensen Portfolio: Yale Endowment Allocation
Yale Aktien (30%) Anleihen (20%) Rohstoffe (20%) Real Estate (30%)
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Academic source: Master Thesis
Development of optimal asset allocation in times of expansionary monetary and fiscal policy
Daniel Huber, M.A. — Mainz University of Applied Sciences, 2020 | Supervised by Prof. Dr. Arno Peppmeier
13,174 words · 92 figures · 39 tables · Markowitz efficiency line analysis
Download full thesis (PDF, 6 MB) →
DH
Founder, Timber Coin LLC | Timber Coin LLC | $215M track record