I think a stronger distinction needs to be made here between hedge funds (with fee structures of 2 and 20%) and traditional asset managers with fees in the 0.5% to 1% ish range (the overall trend is down due to passive). I’m all for pensions getting in on the passive game to a greater degree, but to suggest they go…

I say this as an OSU alum and diehard fan, but I fucking love Jim Harbaugh. He’s great for college football - he’s a vibrant and eccentric weirdo that it is hard to not find endearing. He’s like a mix between a psychopath and a labradoodle. And you know what? I don’t think he’s ever leaving Michigan, at least for…

Here we have an article about monopsony where the author doesn’t bother to define the term and probably doesn’t know what the term means. It means the market has one *buyer* for a particular good, the counterpart of “monopoly” where there is one *seller* for a particular good. (It is not “monopoly-lite, when one…

Why is the assumption all jobs should provide a living wage? Isn’t the point of entry level jobs to provide job experience to kids or recent grads so they can move up? When did these turn into careers? The food workers at my university were almost entirely students and special needs adults from the community.…

It doesn’t seem that you know what an endowment is or how one works.

Intent is everything here. His intent is raise awareness and spark discussion about racial issues in America by not standing for the national anthem. If you’re at an event where the anthem is played, and you see someone not standing because they’re just oblivious or whatever, then you can get pissed. THAT is a lack of…

Sadly, not the first bridge/water to suffer structural damage in Minnesota.

It’s like he tried to creole under it.