True, False, Uncertain with explanantion

1. Barbara Novick attributes Blackrocks success to mimicking Vanguards business strategy of growing organically by focussing on index funds and not emphasizing a profit motive.

2. Since retail investors like the glamour of growth stocks, they should avoid target date retirement funds, which underweight such stocks.

3. David Swensen would recommend that retail investors invest in SPACs because it is an efficient way for small investors to mimic the Yale model.

4. David Swensen invested in Nancy Zimmermans fund Bracebridge Capital because he liked the mathematical models they used to price bonds.

5. Norways gigantic pension funds philosopy is to invest a significant portion of its assets in small Norwegian businesses to help grow the local economy.

6. The plant-and-harvest model of investing is frustrating from private equity fund managers because they have to raise money for new funds every few years just to keep their assets under management from not shrinking.

7. Hedge funds use high water marks to determine compensation because assets are only liquid enough to value accurately at the peak of a bull market.

8. If AIGs models of credit default had been accurate, the company would have prospered during the financial crisis and would not have failed

9. We call the Abacus deal a synthetic CDO-squared because John Paulson used fraud to fill the deal up with fake mortgages.

10. General Motors issued bonds and made a contribution to its pension fund because healthy companies have a financial incentive to overfund their pension funds