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[roll call] is commissioner safai present at this meeting . [roll call] we have a quorum. Thank you, madam secretary. Motion is awarded to vote whether to disclose discussions held in the San Francisco administrative code section 67. 1a. At this time i make a motion. Motion not disclosed. Ill second this. Moved and seconded. We will take Public Comment at this time. Madam secretary. Please open the phone lines. Members of the public who wish to provide Public Comment on this item should call 408 4189388. Access code 1467135208. Press pound and press pound again. If you havent already done so, please dial star 3 to lineup to speak. A system prompt will indicate you have raised your hand. Please wait until the system indicates you have been unmuted and you may begin your comments. Please state your name and make your commen ....
Chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate. The chair will alternate recognition between the parties. With time equally allocated between parties and each member other than the majority and minority leaders and minority whip limited to five minutes. But in no event shall debate continue beyond 11 50 a. M. Chair recognizes the gentleman from louisiana, mr. Minutes. For five mr. Braham thank you, speaker. Rise today to commemorate the efforts of the town of raval, their na, to preserve communitys heritage. School part of the Still Standing is its gymnasium 1960 at did not stop the graduate class from doing something good. Audience on is in the today and the rest of the Alumni Association have purchased and museum t into a showcasing the schools history. Rabal the clerk will designate school, its first g ....
Substantially lower than that. Exactly, bryan. When we are looking at Asset Allocation longterm particularly for plans that dont have as mat tour portfolio as you do. You run an efficient frontty which is a mathematical calculation of determining the best mix of assets at each level of risk, the optimum returning portfolio. If you assume that private equity volatility was significantly lower than public markets, you would put your money in private equity. From a long term projection standpoint, we put in what is a economic risk. Now the reality if you said what do i think your portfolio will actually do, you dont experience economic volatility in private equity through time because you have valuation processes as we have seen that are lagged and reduce that volatility. We have a separate volatility forecast. This is economic volatility. We have a separate set of volatility numbers to represent accounting volatility so the foreca ....
Yes. Our experience is substantially lower than that. Exactly, bryan. When we are looking at Asset Allocation longterm particularly for plans that dont have as mat tour portfolio as you do. You run an efficient frontty which is a mathematical calculation of determining the best mix of assets at each level of risk, the optimum returning portfolio. If you assume that private equity volatility was significantly lower than public markets, you would put your money in private equity. From a long term projection standpoint, we put in what is a economic risk. Now the reality if you said what do i think your portfolio will actually do, you dont experience economic volatility in private equity through time because you have valuation processes as we have seen that are lagged and reduce that volatility. We have a separate volatility forecast. This is economic volatility. We have a separate set of volatility numbers to represent accounting v ....
Which is a mathematical calculation of determining the best mix of assets at each level of risk, the optimum returning portfolio. If you assume that private equity volatility was significantly lower than public markets, you would put your money in private equity. From a long term projection standpoint, we put in what is a economic risk. Now the reality if you said what do i think your portfolio will actually do, you dont experience economic volatility in private equity through time because you have valuation processes as we have seen that are lagged and reduce that volatility. We have a separate volatility forecast. This is economic volatility. We have a separate set of volatility numbers to represent accounting volatility so the forecast for your portfolio would look more like what you think in reality. From planning perspective we assign higher volatility. Accounting may undo that as you experience it in your portfolio. These numbers that you see on page 10, 1930 and 45, often time t ....