You could argue that actuaries, by creating LDI, brought down Liz Truss. You're welcome. (View Post)

"You've used the wrong discount rate - do you know what this means?!"... (View Post)

I agree but the fact that the government / executive is chosen by MPs is an important constraint. Trump can't be removed by Congress even if they wanted to for four years. An unexpectedly author… (View Post)

As a country, one symptom of our issues is the reluctance of our employers to burden the cost of training up our young people. Instead, employers claim a shortfall of skilled workers in their sector … (View Post)

Musk will remain a huge drag on Tesla. I don't think he will be capable of making a clean break to give the car company a chance to escape his orbit. He's the world's richest man at th… (View Post)