Investing like Harvard and Yale

[stone]

I thought this was interesting. They don't have quite the same asset choice as the HBPP but they do seem to have the same general philosophy of just sticking it out and keeping a constant ratio between the asset classes:
http://www.frontierim.com/uploads/inves ... ch2013.pdf

the asset
allocations of the Super Endowments have been very
stable over-time. Since 2000, the Super Endowment
Funds have experienced actual asset allocation changes
of only 6 per cent per year on average (see Chart 5,
below). A large part of this change is due to asset class
price movements as the “target allocations”? of these
investors is stable, long-term and strategic. These stable
allocations reflect their long-term investment horizons
and willingness to remain invested throughout economic
cycles. They generally do not seek to tactically time the
markets.