Comments for Do Unions Both Love and Hate Private Equity or Do the Atlantic's Economics Reporters Have Problems With Arithmetic? at http://www.cepr.net , comment 1 to 5 out of 5 comments http://www.cepr.net Fri, 24 May 2013 18:40:12 +0100 FeedCreator 1.7.3 http://www.cepr.net/index.php/blogs/beat-the-press/do-unions-both-love-and-hate-private-equity-or-do-the-atlantics-economics-reporters-have-problems-with-arithmetic#comment-14527 Thanks so much for this post. There is very good and helpful information in this post. Keep up the good work. Also go to the link below to know more about Private Equity. Private Equity Funding - Private Equity Funding Mon, 30 Jan 2012 23:41:34 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/do-unions-both-love-and-hate-private-equity-or-do-the-atlantics-economics-reporters-have-problems-with-arithmetic#comment-14485 Calpers loves private equity. It is one of the ways they justify their unrealistic assumed rate of return. They acknowledge that current bond yields and equity market valuations will make hitting their 7.75% RR difficult to hit, but they believe PE and hedge fund investments will bail them out. And keeping their high RR is essential. Lowering it woulfd require either a reduction in benefits or additional raiding of local and state budgets. - John Sun, 29 Jan 2012 02:59:09 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/do-unions-both-love-and-hate-private-equity-or-do-the-atlantics-economics-reporters-have-problems-with-arithmetic#comment-14477 And, eventually, won. We got our pension funds out of these stupid investment scams, and into no-load, or low-load mutual funds, and we got rid of our high-fee 401k management in exchange for choices that include no-fee index funds. - Scott Supak Sat, 28 Jan 2012 09:43:20 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/do-unions-both-love-and-hate-private-equity-or-do-the-atlantics-economics-reporters-have-problems-with-arithmetic#comment-14466 The evidence is overwhelming that nobody can "beat" the stock market over the long term, i.e., >15 years. Even the legendary Bill Miller ultimately failed and retired in disgrace. The only greater fool has been Bill Gross and the people who pay him to invest their money. John Bogle was right 37 years ago and has been proved right ever since. - PAUL Sat, 28 Jan 2012 03:12:03 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/do-unions-both-love-and-hate-private-equity-or-do-the-atlantics-economics-reporters-have-problems-with-arithmetic#comment-14465 As demonstrated by Herbert Simon in 1956, unions satisfice - a combination of sacrificing and satisfying that's a socialist alternative to profit maximization based on bounded rationality. Stock index funds are not a cure for this disease since they avoid transactions cost rather than micro-managing it. Stupid liberals. - izzatzo Fri, 27 Jan 2012 23:33:48 +0100