They found a free lunch of sorts in the strategy of spreading money among uncorrelated asset classes, and seem surprised that following their advice eventually made the free lunch .
Part of the idea behind Citigroup was that by combining lots of lumpy but uncorrelated profit streams you'd get steady profits, but that hasn't worked out so well.
But they've been steady returns, mostly uncorrelated with the overall stock market, during a tumultuous time for the market.
Buy These Uncorrelated ETFs in Rocky Markets - ETF News And Commentary With markets facing some severe weakness as of late, many investors have looked to uncorrelated plays as solid investments. Unfortunately, many of these typical investments-such as bonds, gold,
June 17, 2013 - Nasdaq
Noam Gottesman in New York Times We have known Man for many years and can be certain that our two businesses are highly complementary, both focused on delivering long-term performance but each with differing client bases and uncorrelated investment strategies,Mr. Gottesman...
Marc Andreessen in Webware/Cnet (blog) I have no idea what's really going to happen,Andreessen said when Battelle asked him about the "nuclear" comment. "There's this huge irony for our industry......we got blamed for a lot of the last crash. We are the most remote uncorrelated...
David Card in Inter Press Service (subscription) Based on data from the 2000 US census, Card concludes in a 2005 study that "relative wages of native dropouts are uncorrelated with the relative supply of less-educated workers", even when the latter has been swelled by Latin American...