Summary:
The book explores a range of nontraditional investment strategies and assets, such as hedge funds, private equity, real estate, and commodities, which can potentially enhance portfolio performance. It provides insights into how these alternative investments work and how they can be integrated into an investor's portfolio to achieve diversification and mitigate risk.
Key points:
1. Diversify with Nontraditional Assets: Bob Rice suggests adding assets like real estate, commodities, and art to portfolios to lower risk and boost returns.
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