If 2 is the rule they follow then 1 is a likely consequence of it -- the manager with the best short term record probably had a run of good luck, and reversion to the mean implies some defeats in the… (View Post)

He didn't impress me in his interview with Peston on The Rest is Money -- completely one-sided partisan view of Trump and Trump's policies as they affect the economy. Left me inclined to th… (View Post)

It might depend how they do it. If they break the pledges in a small way and give the impression they're doing it to fill in a shortfall and that they might come back and do it again next year, … (View Post)

Yeah, but US presidential primaries always have a ton of people who float the idea of running to see how it goes down and who subsequently either don't bother to run because they conclude it wou… (View Post)

I think you forget one big thing driving pension contributions: the employer contribution, which may well come with a required employee contribution or some kind of matching arrangement. If higher ra… (View Post)