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I think it's just sampling bias? OTPP is one of the world's largest institutional investors, quarter trillion under management. Their investment into FTX repres
by SeanAnderson 4y ago
I think it's just sampling bias? OTPP is one of the world's largest institutional investors, quarter trillion under management. Their investment into FTX represents like... 0.002% of available capital.
https://www.otpp.com/en-ca/investments/our-investments/teachers-venture-growth/ https://www.otpp.com/en-ca/investments/our-investments/teach...
(EDIT: 0.2% not 0.002%)
- tedunangst 4y agoShow your work on the 0.002% calculation?
- jefftk 4y ago"$400M" / "a quarter trillion" = 0.002, or 0.2%. They probably messed up on the percentage translation?
- SeanAnderson 4y agohttps://en.wikipedia.org/wiki/Ontario_Teachers%27_Pension_Plan#Investments https://en.wikipedia.org/wiki/Ontario_Teachers%27_Pension_Pl... 420M investment, 221B total (178 in TIP), 420/17800 = 0.0019 but math with percentages is hard and what I said was incorrect :) .19% I think that still seems like a reasonable amount to put in based on risk guidance I've seen for individual investor portfolios, but is definitely much higher than what I implied with my original comment. Sorry!
- acchow 4y agoHow does one determine that 250bn is "one of the world's largest?" I just looked up a top 50 list and the lowest on the list is 333bn.
- deleted 4y ago[deleted]