Word: mankiwã
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...Textbook magnate N. Gregory Mankiw??s stock portfolio dipped. Economics department chair and hedge fund adviser John Y. Campbell got out too early. Even conservative investor Claudia Goldin suffered a drop in her retirement fund...
...Mankiw??s simple investment portfolio consists of about two-thirds stocks and one-third bonds, balancing what he considers the high risk of equities with more dependable fixed income...
...Even when his portfolio took a hit during the crisis, he maintained the ratio by investing more cash into stocks in order to compensate for what he had lost in the market decline. This “rebalancing” is Mankiw??s main active portfolio strategy. Otherwise, he says, he is relatively passive...
...best anecdote about Mankiw??s many readers involves a certain telephone call. A student called his home number to ask a question about economics. The professor, who’d just eaten dinner with his family, was a little surprised, but answered the question...
...fanpage, he deems the entire affair rather “silly.” Ferguson’s style of popularity is more hands off than Mankiw??s, and he cultivates adoration through his visibility in the media. He muses that he should, however, update his website...