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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (91116)6/2/2001 9:57:48 AM
From: Tommaso  Read Replies (1) | Respond to of 132070
 
"the smartest investors in the world are U.S. pension funds." I guess when someone says something like that, there's nothing to do but look at your shoes.

That's because the pension funds get a constant supply of other people's money that they can disburse to beneficiaries. A sort of low-level, slow-moving Ponzi scheme.


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