Nice little Morningstar piece. I believe the ending reference about portfolios being 50% natural resources is a reference to his personal stuff, not GMO's. I liked the bit about markets being undervalued only about 10% of the time over the past 20 years. Long waits between the fat pitches.http://news.morningstar.com/articlenet/HtmlTemplate/PrintArt...El-erian's negative reaction to the Fed yesterday:http://www.businessinsider.com/el-erian-fed-policy-distortio...
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