Originally Posted by TromboneAl
Is that a typo?* Doesn't Equity=Stock?
I think that's the most frequent use.
a: a right, claim, or interest existing or valid in equity
b: the money value of a property or of an interest in a property in excess of claims or liens against it
c: a risk interest or ownership right in property
d: the common stock of a corporation
Maybe Hulbert's counting REITs & commodities as part of an equity portfolio. Or maybe he thinks an equity portfolio is everything left over after bonds & cash?