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I understand the origin of the phrase, but I always thought I would be somewhat upset if pension funds started buying yachts. Pension funds are the customers h
by vostok 10y ago
I understand the origin of the phrase, but I always thought I would be somewhat upset if pension funds started buying yachts.
Pension funds are the customers here and it would be pretty bad if they started buying yachts.
- zpr 10y agoYou should be, unless they also maintain them themselves -- you know, with those "management" fees.
- carsongross 10y ago"But where are the pensioners yachts?"