4.21.2017

An ETF of ETFs??? BRILLIANT!

While the scene is not specifically referenced in this Zerohedge Post, the subtext certainly references it. A great explanation of synthetic CDOs from Selena Gomez and Dr. Richard Thaler:

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CalPERS Fail

Despite the awesome bull market this year, CalPERS again missed its return target, earning only 5.8% vs. its required 6.8%. CalPERS has mi...