by michael.m | May 11, 2017 | Economics and Finance, Ideas
I am fascinated by economics because this field is based upon math, markets and human behavior. Humans seems to be the most unpredictable variable in economics. The stock market – if reduced to charts like Japanese Candlesticks – explain how humans will...
by michael.m | Mar 13, 2017 | Headlines
The pension crisis in California grows precipitously in its two major pension funds. CALSTRS and CALPERS. While the fund managers claim a growth rate of 7.5%, they only achieved 0.61% last fiscal year (June 2016). Furthermore, these two major funds are sorely...