And the portfolios that we and others, frankly, have assembled have produced returns that are satisfying given that level of risk.

FORBES: Intelligent Investing Briefing Book

The performance bonus from minimizing risk for a given level of return (a key tenant of modern portfolio theory) has also been reduced.

FORBES: Benefits From Asset Allocation Are Harder To Come By

"Clearly it brings a level of credibility to what is a high-risk investment profile, given how much work there is to be done and who they're competing against, " he says.

FORBES: Magazine Article

Each faculty member would be allowed a given level of total benefits and would make trade-offs among the various options in accordance with their individual risk tolerance and familial needs.

FORBES: Attacking Higher Ed Cost Inflation: Reform Academic Employment Policies