Discover and read the best of Twitter Threads about #riskybusiness

Most recents (4)

As more Canadians retire, pressure is mounting on our largest public-sector pensions to take on more risk to beat the market.

Billions have been poured into leveraged alternative investments, such as airports and toll roads. But just how safe is that?

thestar.com/business/2022/…
A new neighbourhood emerged over the past decade in Manhattan. It's the $25-billion (U.S.) Hudson Yards development. This was backed, in part, by Canadian pension fund, Oxford Properties, real estate arm of the Ontario Municipal Employees Retirement System
thestar.com/business/2022/…
It's not unusual. Canada’s largest public-sector pension funds have become global financial players, spending billions on ventures around the world. There’s just one problem: the higher than average returns always come with higher than average risk. thestar.com/business/2022/…
Read 10 tweets
A few (non-exhaustive) points that caught my attention while reading the new Google antitrust case – U.S. version.

Link: justice.gov/opa/press-rele….
1– Although the background part talks quite a lot about "specialized search providers such as Amazon, Expedia, or Yelp", the part about anti-competitive practices is solely about (potential) foreclosure against other general search engines. Weird.
2– This is not an accurate portrait of how tech companies work. There's no certainty in digital markets – as shown by Google numerous failures (you know, Google Glass, Google+, Hangouts…). For an empirical work illustrating this point, see @competitionprof latest book.
Read 9 tweets
This is your daily pension update: Doing some lapps edition.
Below you can go and download the just released LAPP Newsletter. One version for actives members and another for retirees. Or, I will save you the trouble and reproduce the naughty bits here.

lapp.ca/page/whats-new…
In the wry observation of a pension war room staff member:
"We received the following info in LAPP News, which until lately had been very reassuring reads!" Until lately indeed!
#ABEd #ABLeg #handsoffmypension
The first naughty bit directly from CEO Chris Brown: "We began 2019 with great expectations because legislation was passed in 2018 to recognize LAPP as a jointly-sponsored pension plan, beginning March 1, 2019."

Yeah, don't anyone hold their breath. #othershoewilldrop
Read 10 tweets
UP FIRST TONIGHT: everyone's favorite river horse, the 1-seeded PYGMY HIPPO Hexaprotodon (formally Choeropsis) liberiensis, vs. the scrappy 4-seeded brush wolf, COYOTE Canis latrans! #2018MMM
Many minds came together to bring you tonight's first battle, so a quick hat-tip to @AnneWHilborn, @PKurnath, @TCastanea, & @tinkeringprim8. Seriously, the #teamwork has been amazing #Monstars #2018MMM
To reach the #FinalRoar, Hippo crushed star-nosed mole, intimidated both maned rat & Tasmanian devil, & STOMPED the cheetah out of competition #hangryhippo #2018MMM
Read 36 tweets

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