(c) 2010 F. Bruce Abel
This article has a number of important concepts to dwell on. Many of them are topics we have focused on in the past two months.
The great investment imponderable: where to put money in this new era of distrust. It isn't just a question for the individual.
Many pension funds have concluded, as I have, that the traditional stock market is a casino and nothing more. Or worse, a crooked casino.
If they feel it's the former, they say "let's gamble; we don't have a choice."
http://www.nytimes.com/2010/03/09/business/09pension.html?scp=1&sq=pension&st=cse
Wednesday, March 10, 2010
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