11–20 of 349 posts
I do wonder when some unforeseen 2008 like crash someone crashes ETFs. I can't really see how it would happen and that I suppose is part of the fun.
Unless we're just talking about regular embezzlement of funds, how do you crash an ETF? I'm talking about broad index funds. Not stuff like ARKK
CalPers, the largest public employee retirement system in the US was not getting the kind of returns that they needed. They were restricted from purchasing stocks in certain industries, such as oil, weapons, etc.. However, they recently switched to investing in private equity funds and now they are getting much better returns, without all the pesky moral issues involved with it.
So is that basically a pensionwashing scheme?
I don't understand why we don't just ban private equity. Seems like zero value-add to the actual real economy.
I don't understand why we don't just ban private equity. Seems like zero value-add to the actual real economy.
Private equity is a convenient whipping boy for ignorant, low-information HN users who don't understand the basics of how finance works. You can certainly find examples of destructive or unethical behavior if you dig deep enough. What you don't see in the news are all the cases where PE saved companies that would have otherwise gone bankrupt.
Ah, a classic paperclip maximizer. Pension plans got the goal of multiplying the money so pensioners have more of it. Nobody bothered to mention that they should also make sure there's a world the pensioners can live in, so now that gets slowly sacrificed in the pursuit of the only explicitly stated goal
Earlier quoted context omitted.
Unless we're just talking about regular embezzlement of funds, how do you crash an ETF? I'm talking about broad index funds. Not stuff like ARKK
It has happened many times throughout the 20th century. It requires mass fear so many people withdraw at the same time.
CalPers, the largest public employee retirement system in the US was not getting the kind of returns that they needed. They were restricted from purchasing stocks in certain industries, such as oil, weapons, etc.. However, they recently switched to investing in private equity funds and now they are getting much better returns, without all the pesky moral issues involved with it.
TFA says otherwise, in detail and with a lot of supporting data. If you're going to contradict it you ought to cite a source.
I don't understand why we don't just ban private equity. Seems like zero value-add to the actual real economy.
I don't understand why we don't just ban private equity. Seems like zero value-add to the actual real economy.
I don't understand why we don't just ban private equity. Seems like zero value-add to the actual real economy.
Private equity is capitalism. That's the capitalism part of the economy.