Several practical steps. Executive summary A great goal, but can it deliver? I was skeptical. However, I've been won over -- the book proposes several specific actions that are [...]
Some thoughts and resources regarding a popular fund management buzzword. The idea Given asset categories (like stocks, bonds and commodities) create a portfolio where each category contributes equally to [...]
Con Keating gave a talk Wednesday in which he called for pensions to be unfunded, but insured. Key points Pooling is efficient We are definitely rich enough to afford [...]
Except most of the time you get the cheese. The carry trade has been remarkably fruitful, even considering the periodic crashes.
http://www.nber.org/chapters/c7288.pdf
Steven,
Thanks for adding the reference.