Redfin operates  a “Core Satellite‟  approach to the portfolio process as it believes this is a better way to  achieve long term goals but still being able to seize upon more tactical  investment opportunities. For long- term wealth generation it is critical to  maintain a well-structured and disciplined approach to the portfolio in all  markets and asset classes, rather than attempting to time the markets (the  "Core").  
The "Satellite"  portion, by contrast, comprises investments such as commodities, real estate,  private equity and alternative investment strategies improving the portfolios  overall risk/reward profile thus adding alpha.  |