By Rolf on 28 September 2012
Some of my readers have expressed the view that I am occasionally unnecessarily harsh in my posts. However, it is very unlikely that this post will elicit such a response since it is taking a rather critical look at the entrails of my own dissertation. While that was obviously a very long time ago, what […]
Posted in Oldies | Tagged Anomalies, Asset pricing, Small caps
By Rolf on 13 September 2012
The two big public pension plans in Geneva are in dire straits. The local legislature is considering a bill this week that would merge them and would also provide a capital injection of almost a billion Swiss francs. The funds have pursued what is euphemistically called a mixed financing strategy. Their assets cover less than […]
Posted in Comments/ramblings | Tagged Pension funds, Philosophy, Switzerland
Ethical…?
By Rolf on 13 September 2012
The two big public pension plans in Geneva are in dire straits. The local legislature is considering a bill this week that would merge them and would also provide a capital injection of almost a billion Swiss francs. The funds have pursued what is euphemistically called a mixed financing strategy. Their assets cover less than […]
Posted in Comments/ramblings | Tagged Pension funds, Philosophy, Switzerland