The most annoying job in the investment biz
Just got finished reading this story at the Wall Street Journal and I still don’t understand it. So, there’s a guy named Ben Meng who was in charge of the investments for Calpers, which is California’s gigantic public employees’ pension fund. And he also happened to own between $10,000 and $100,000 worth of Blackstone shares, which trades publicly. And during this time, Calpers hired Blackstone to ...
source https://thereformedbroker.com/2020/08/17/the-most-annoying-job-in-the-investment-biz/
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source https://thereformedbroker.com/2020/08/17/the-most-annoying-job-in-the-investment-biz/
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