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A comment on Michael Dell Gets $12B Richer with Break from Public Eye. Parent comment

Re:Michael Dell Gets $12B Richer with Break from Public Eye by wbl on Saturday January 19, 2019 @12:39PM (#18948111)
Because they can? Nevada's pension fund is run by one guy who parks it all in Vanguard.
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Re:Michael Dell Gets $12B Richer with Break from Public Eye by user5994461 on Saturday January 19, 2019 @12:54PM (#18948192)
The whole point of a pension fund is that you can only add money and never take it back.

It doesn't work out if many people try to cash out.

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Re:Michael Dell Gets $12B Richer with Break from Public Eye by parsnips on Saturday January 19, 2019 @01:00PM (#18948225)
Nevada PERS is one of the worst examples as well, missing it's investment targets over pretty much any period of time you can define.
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Re:Michael Dell Gets $12B Richer with Break from Public Eye by wbl on Saturday January 19, 2019 @01:11PM (#18948287)
Because its targets were quite high. CalPERS much higher fees missed its similar assumptions.
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Re:Michael Dell Gets $12B Richer with Break from Public Eye by walshemj on Saturday January 19, 2019 @07:14PM (#18950110)
Pensions do pay out you know when people retire
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Re:Michael Dell Gets $12B Richer with Break from Public Eye by walshemj on Saturday January 19, 2019 @07:11PM (#18950099)
Well at least he's not putting it all on black :-) Pensions funds should not blindly put 100% in equity.

Btw I have had a briefing from a trustee of one of the really big UK pension funds and they in no way invest like that.

Given the briefing was under "Chattem House Rules" I cant say who and which major firm got sacked :-)

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Re:Michael Dell Gets $12B Richer with Break from Public Eye by wbl on Saturday January 19, 2019 @08:30PM (#18950381)
They have index funds for bonds also.
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