4 ms·

What do you think funds our union pension plans?

• makeitdouble 5y ago
  I don't have a union pension plan, and I'd argue they should be backed by less volatile investments than "innovative" companies.
  • Cthulhu_ 5y ago
    They are, generally speaking; pretty sure they're mandated by law on how much risk they are allowed to take. But, I'm convinced the stock brokers at pension funds are also playing the market a lot, because better results is better for them.
  • xapata 5y ago
    > less volatile investments A wise investor reduces volatility by diversification, rather than by concentrating on low-volatility assets.
    • nradov 5y ago
      A wise investor reduces downside risk by conducting due diligence research to identify frauds.
    • bumby 5y ago
      Except the low volatility “anomaly” has shown to get better risk adjusted returns than a widely diversified strategy