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WSJ: CalPERS questions its own ability to execute winning trades

Candidates for the chopping block in the pension fund's strategy rethink include individual stocks and hedge funds -- and a retreat from its accustomed role as trading macher

Author Sanders Wommack August 12, 2014 at 4:08 PM
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Eric Baggesen: What you have to ask yourself is, can you trade your way to success with $300 billion?



August 12, 2014 — 10:16 PM

If ever there was an augment for holding the market portfolio, this is it…. but then what would all those bureaucrats do as they were beating 2/3’s of all active managers?

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