3 ms·

Please elaborate on your random example, being "pension funds". What pension funds are you talking about? Are you talking about AP7 (Which has two funds, one

by ersii 11y ago

Please elaborate on your random example, being "pension funds". What pension funds are you talking about? Are you talking about AP7 (Which has two funds, one equity fund and one money market fund)? (Swedish: "Sjunde Allmäna Pensionsfonden" English: "The 7th General Pension Fund"). I would caution you to be less general and provide more specific statements that you back up by facts. Currently it's hard to realize what you're trying to convey and the provided documents aren't solidifying what you're trying to convey either. Speaking of the provided links, here are some context of the documents: 1) The "konkurrensens_konsekvenser_pod_2.pdf" document is in Swedish and has the title "Konkurrensens konsekvenser" (English: "The consequences of competition"). The document is 279 pages. 2) The su.se link is a press release from SU (Stockholm University) with the title "Pressmeddelande: Sjuksköterskors arbetstrivsel försämras efter privatisering" (English: "Press release: Nurses work satisfaction worsened after privatization") and it's announcing an article published in "Journal of Occupational and Organizational Psychology, 82, 45-65" by Falkenberg, H., Näswall, K., Sverke, M., and Sjöberg, A. (2009) by the name "How are employees at different levels affected by privatization? A longitudinal study of two Swedish hospitals" (Article in English). 3) The "McNulty_InterimReport2010.pdf" document is in English and has the title "Rail Value for Money Study: Interim Submission to Secretary of State – September 2010". The document is 28 pages.

bjourne 11y ago
The studies all support what I wrote. I guess you have to read them in full or find their abstract and read that. Regarding the pension funds, yes AP7 is one example. It is the fund with the lowest management fee (incidentally has also been one of the highest yielding pension funds). The usual excuse given is that it is a "lazy fund" and "just following the index". But no private actor has been able to offer a similar "lazy fund" with lower fees.
- seivan 11y ago
  Does AP7 beat Stockholm index? Which is free on most Swedish brokerages. Actually on NordNet all Scandinavian index-funds are free. You're asking me to believe that a government run by Kaplan, Romsson, 100-dagar-Fridolin and that SSU-Douche who stole money will be the "competent" part in your equation? There is no black and white. Sometimes smart people in government do better. Sometimes entrepreneurs do better. You're biased from growing up with intelligent people running Sweden and believe that to still be the case. Sanandaji would like a word with you.... Both Avanza and NordNet allows you to get free Index-funds. When I say free I mean with no courtage or cut from profits. No costs.

by ersii 11y ago

bjourne 11y ago

The studies all support what I wrote. I guess you have to read them in full or find their abstract and read that. Regarding the pension funds, yes AP7 is one example. It is the fund with the lowest management fee (incidentally has also been one of the highest yielding pension funds). The usual excuse given is that it is a "lazy fund" and "just following the index". But no private actor has been able to offer a similar "lazy fund" with lower fees.

seivan 11y ago
Does AP7 beat Stockholm index? Which is free on most Swedish brokerages. Actually on NordNet all Scandinavian index-funds are free. You're asking me to believe that a government run by Kaplan, Romsson, 100-dagar-Fridolin and that SSU-Douche who stole money will be the "competent" part in your equation? There is no black and white. Sometimes smart people in government do better. Sometimes entrepreneurs do better. You're biased from growing up with intelligent people running Sweden and believe that to still be the case. Sanandaji would like a word with you.... Both Avanza and NordNet allows you to get free Index-funds. When I say free I mean with no courtage or cut from profits. No costs.