R20原版书课后题9和14题,都是找需要diversification的asset
然后第9题答案是说absolute return hf has a reater potential to diversify dominant equity rish than pe/ private real estate(本身portfolio里主要都是equity,还需要maintain purchasing power,感觉都是private real estate更合适)
然后第14题也是要risk diversification,这回答案就是选timber,又说hf只提供moderate risk diversification?矛盾不?