Grand jury indicts Trevor Milton, Nikola founder, on three counts of fraud

Re:Grand jury indicts Trevor Milton, Nikola founder, on thre... by makeitdouble on Friday July 30, 2021 @12:13AM (#28004355)

I don't have a union pension plan, and I'd argue they should be backed by less volatile investments than "innovative" companies.

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Re:Grand jury indicts Trevor Milton, Nikola founder, on thre... by Cthulhu_ on Friday July 30, 2021 @03:14AM (#28005287)

They are, generally speaking; pretty sure they're mandated by law on how much risk they are allowed to take.

But, I'm convinced the stock brokers at pension funds are also playing the market a lot, because better results is better for them.

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Re:Grand jury indicts Trevor Milton, Nikola founder, on thre... by xapata on Saturday July 31, 2021 @03:44PM (#28021012)

> less volatile investments

A wise investor reduces volatility by diversification, rather than by concentrating on low-volatility assets.

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Re:Grand jury indicts Trevor Milton, Nikola founder, on thre... by nradov on Saturday July 31, 2021 @06:21PM (#28022009)

A wise investor reduces downside risk by conducting due diligence research to identify frauds.

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Re:Grand jury indicts Trevor Milton, Nikola founder, on thre... by bumby on Sunday August 01, 2021 @05:20PM (#28030110)

Except the low volatility “anomaly” has shown to get better risk adjusted returns than a widely diversified strategy

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