Filed under: Forecasts, Other issues, Private equity, Personal financeTiger 21, the world's richest investment club, is cutting back on stocks. Comprised of 123 members with combined assets of $7 billion, the club is focused on investment education for high net-worth individuals (although one one might assume they already know a thing or two about money). The group sports an unusual portfolio: 30% stocks 28% real estate 15.6% fixed-income 8.8% private equity 9.6% alternative investments (e.g. hedge funds) 8% cash While this may seem bizarre, the portfolio's construction is a result of the unique needs of rich investors, who rely on their investments for income. Very ...