Did you bros check out the pension writeup in the Economist magazine this week, behavioral finance, pension deficits and surpluses, inflation-linked bonds,variable v. fixed annuities, DB v. DC plans all up in da mix.
Didnt check all the articles but yea came up at the right time
One of the amazing ones: http://www.economist.com/node/18529721 Perhaps people are congenitally programmed to follow the herd. Warren Buffett retells the story of the dead oil prospector who gets stopped at the pearly gates and is told by St Peter that Heaven’s allocation of miners is full up. The speculator leans through the gates and yells “Hey, boys! Oil discovered in Hell.” A stampede of men with picks and shovels duly streams out of Heaven and an impressed St Peter waves the speculator through. “No thanks,” says the sage. “I’m going to check out that Hell rumour. Maybe there is some truth in it after all.”