You Won't Believe Who Manages Your Pension
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You will not believe who is managing your public pension.
I just stumbled upon this article on Bloomberg detailing how investing novices are the ones who oversee many public pensions in the United States.
Timecodes
0:00 Who is Managing Public Pension
2:18 Why You Shouldn't Choose a Pension
3:17 Underperformance and Under Pressure
5:31 How These Funds Were Set Up
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#headlines #investingnovices #pension
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