4 ms·
Reminds me of the story of the manager of CALPERS (California's public workers pension fund). Can't find the article but it focused on how hard work it is for
by Beltiras 10y ago
Reminds me of the story of the manager of CALPERS (California's public workers pension fund). Can't find the article but it focused on how hard work it is for a moneymanager to do nothing. CALPERS is showing good return for it's inactivity.
- mason55 10y agoHe's in Nevada actually https://www.fnlondon.com/articles/nevada-pension-fund-manager-does-nothing-all-day-20161020 https://www.fnlondon.com/articles/nevada-pension-fund-manage...
- Beltiras 10y agoHah! That's why I couldn't find it! Could have sworn it was about CALPERS. Thanks! It was in some other publication thou (if my memory isn't Swiss Cheese).
- mason55 10y agoYeah there were a few articles about it. The first one I found when googling just now was WSJ but that's fully pay-walled at this point