I was a voting delegate to the TBP convention and one of the seminars they had for the engineers (students and alumni) was called 'Managing Your Investments for Retirement.' Most of the presentation was a graphical and numerical thesis for why students should start saving and investing money early in their careers (we are engineers and understand numbers and graphs).
What was most interesting was one of the presenters was Harry Lange of the Magellan Fund fame (apparently he was fired due to poor performance of the fund - he left early to go to his Harvard B School reunion the next day). TBP gives out a lot of scholarships every year and apparently he and several other alumni were irritated that the endowment/trust was being managed by a bank using bonds. They made a pitch about 20 years ago or so and said the fund should be actively managed and in stocks. The amount of money in the trust fund has truly gotten quite large since then.
Back to the presentation - what interested me most were two things:
1) They advocated for using actively managed funds
2) They showed the typical AA for an actively managed portfolio for institutional investors:
US Equity: 20% Large Cap Growth, 20% Large Cap Value, 10% Small Cap Growth, 10% Small Cap Value
Intl Equity: 25% Developed Mkts, 15% Emerging Mkts
100% Equities - I asked about that and they said they were investing for perpetuity, so they would stay 100% in equities. They did say that with a shorter time frame and retirement, one would change their AA as they got older. However, their main audience was young 20-something engineering students.
I myself have done a FIRE presentation to the local student chapter here, but I didn't spend so much time on trying to convince them to save/invest and went into more practical actions for them to take as well as gave them several books and links to read for more info.
Question - what do you think of their AA?
Off topic - I found this article about Harry Lange:
I saw him and talked with him briefly...I did not know he was into nudity and he was wearing a suit at the time - I don't think TBP would have liked him au naturelle