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Uncertainty absorption, decision premises and the maintenance of social control | aluation
https://aluation.wordpress.com/2011/09/30/uncertainty-absorption-decision-premises-and-the-maintenance-of-social-control
The dangers of crowd cognition. Yet another example →. Uncertainty absorption, decision premises and the maintenance of social control. September 30, 2011. Since a good portion of this site’s search traffic comes from terms related to uncertainty absorption, I thought I would clarify the term and show how it works in action. Uncertainty absorption in social systems: March and Simon. In their landmark Organizations. Locus of uncertainty absorption. Influence structure of the organization. In the context, ...
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Correcting the record on public pension funding | aluation
https://aluation.wordpress.com/2013/07/09/correcting-the-record-on-public-pension-funding
Risk parity and the power of branding. Addendum – new chart →. Correcting the record on public pension funding. July 9, 2013. This will have to be brief as I’m working on something related, but I wanted to share something I discovered today as it touches on the increasingly political subject of public pensions and underfunding. To a lobbying organization called NASRA, which included the following graph in a 2011 report. Thankfully, the Census makes the data very easy to access and use, and provides annua...
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Addendum – new chart | aluation
https://aluation.wordpress.com/2013/07/11/addendum-new-chart
Correcting the record on public pension funding. 8220;They get your money. You get a piece of paper.” →. Addendum – new chart. July 11, 2013. There was a fair comment. For the curious, the market loss in fiscal 2009 was a whopping $613 billion. This entry was posted in Pensions. Correcting the record on public pension funding. 8220;They get your money. You get a piece of paper.” →. Leave a Reply Cancel reply. Enter your comment here. Fill in your details below or click an icon to log in:. You are comment...
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How did Detroit’s pensions fail so badly? | aluation
https://aluation.wordpress.com/2013/07/19/how-did-detroits-pensions-fail-so-badly
8220;They get your money. You get a piece of paper.”. Detroit’s dodgy numbers →. How did Detroit’s pensions fail so badly? July 19, 2013. Pension liabilities are at the center of the fiscal collapse that led to Detroit’s bankruptcy filing today. The scale of the disaster, and the precedent. Its resolution will likely set, call for a closer look at what went so badly wrong for the funds. According to a 2005 press release. Dealing with Wall Street: Heads I win…. To the council from the city’s fiscal analys...
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Detroit’s dodgy numbers | aluation
https://aluation.wordpress.com/2013/07/23/detroits-dodgy-numbers
How did Detroit’s pensions fail so badly? New beginnings →. Detroit’s dodgy numbers. July 23, 2013. Cate Long wrote an important piece. Long’s post is about some new information that has come to light in a Pensions and Investments article. If Orr is taking this approach, then there are some serious problems with the numbers he has cited about the city’s indebtedness Here is the rundown of the city’s on- and off-balance-sheet debts from Orr’s June presentation. To creditors (all figures in billions):.
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Risk parity and the power of branding | aluation
https://aluation.wordpress.com/2013/06/28/risk-parity-and-the-power-of-branding
As I was saying…. Correcting the record on public pension funding →. Risk parity and the power of branding. June 28, 2013. In today’s Wall Street Journal (ht Barry Ritholtz), that may have been too generous an assumption. 8220;We don’t expect to make money every year,” said Bob Prince, co-chief investment officer of Bridgewater, which regards itself as a pioneer of risk parity. Bridgewater’s $75 billion “All Weather” risk-parity fund is down about 8% for the year, accord...Risk parity mutual funds have l...
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New beginnings | aluation
https://aluation.wordpress.com/2013/07/25/new-beginnings
Detroit’s dodgy numbers. July 25, 2013. I have a lot more to say about pensions, but that will have to wait until next week as the moving truck is coming tomorrow morning first thing. If I spend any more time at the computer while my partner packs, there will (rightly) be consequences. So here’s to new beginnings. Back next week. This entry was posted in Uncategorized. Detroit’s dodgy numbers. Leave a Reply Cancel reply. Enter your comment here. Fill in your details below or click an icon to log in:.
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Fractals, fractiles and inequality | aluation
https://aluation.wordpress.com/2011/08/16/fractals-fractiles-and-inequality
Consumer confidence and regime change (updated). The parametric welfare state →. Fractals, fractiles and inequality. August 16, 2011. I finally got around to reading Mandelbrot and Hudson’s The Misbehavior of Markets. And can’t recommend it highly enough. I hope to have more to say about Mandelbrot’s ideas of investment risk, particularly as they relate to Luhmann (whose systems theory is, I think, incredibly well-suited to thinking about modern financial markets). In income distributions, which were the...
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“They get your money. You get a piece of paper.” | aluation
https://aluation.wordpress.com/2013/07/15/they-get-your-money-you-get-a-piece-of-paper
Addendum – new chart. How did Detroit’s pensions fail so badly? 8220;They get your money. You get a piece of paper.”. July 15, 2013. My first job in investment management was as a mutual fund analyst at Morningstar, and to this day I still remember my first Morningstar Conference. This was back in the days just before emerging markets were commonly accepted as an asset class, which in investment industry terms is tantamount to saying “when dinosaurs roamed the earth.”. Since 1990, Aberdeen Asset Manageme...
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Jason Windawi | aluation
https://aluation.wordpress.com/author/homeristan
Author Archives: Jason Windawi. July 25, 2013. I have a lot more to say about pensions, but that will have to wait until next week as the moving truck is coming tomorrow morning first thing. If I spend any more time at the computer while my partner … Continue reading →. Detroit’s dodgy numbers. July 23, 2013. How did Detroit’s pensions fail so badly? July 19, 2013. 8220;They get your money. You get a piece of paper.”. July 15, 2013. My first job in investment management was as a mutual fund analyst at Mo...
