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Ferri: No Reason for Alternatives

Portfolio Solutions' Rick Ferri opts for the cash flow of stocks, bonds, and real estate in his portfolios over using more exotic alternatives.

Christine Benz: There has been a lot of interest in alternatives as well, with retail investors embracing various flavors of alternatives, managed futures and whatever else you want to throw under that alternatives' umbrella.

I'm wondering your take on what role, if any, such investments should play in investors' portfolios?