Can the issue raised in my second question below be addressed by limiting REIT purchases to the top-N by capitalization? That is, should REIT and fixed asset allocations be allocated to achieve the rights to information about REITs instead of small real estate purchases?

Can we do a bias review study on the economics articles, please?

On Thu, Mar 16, 2017 at 9:35 PM James Salsman jsalsman@gmail.com wrote:

Joseph Seddon wrote:

...

You can find out more about the Endowment here: https://meta.wikimedia.org/wiki/Wikimedia_Endowment

I'm very glad to see the asset allocation strategy published, but I have questions:

1. Does the Foundation intend to benchmark Endowment performance

against the mutual funds marketed by the largest five funds by capitalization to institutions for the purposes of meeting endowment investment requirements?

2. Should the Foundation be investing in real estate investment

trusts? Is it ethical for the Foundation to be competing with people and companies for the ownership of real estate or other fixed assets?

"When upper class earners gain income, they are far more likely to save or invest in fixed assets or real estate, which does not increase aggregate demand." -- https://en.wikipedia.org/wiki/Talk:Economics#Tax_cut_claim_in_Fiscal_policy_...