We are not in a position where some public Pension Plans are paying out 5 . We have a better illiquidity for that. The payoff for that return is on page 19 of the cambridge report. There is a powerful positive cash flow driver when you start in year 2 2022. I wanted to explain the rationale for the strategy. I will turn it over to the board for questions. This is not an action item. Is there Public Comment . I have been coming to meetings over two years and listened to the mum bow jumbo. All of the people are all active money managers. How communevehowhow come there e from vanguards, price. You get more information over the long. I just told you that vanguard, s p 500 in the last 30 years, less than 1 of the s p 500. My recommendation is start inviting passive money managers, and i think your outlook on investing will change. That concludes item nine. Item 10. We are probably going to lose a quorum in 55 minute, we have nine action items pending and five nonaction items pending. I woul
Things you need to balance that it can be hard to keep track of everything you need to do and a lot is much more important than day to day action. Without the right discipline, frame work, dare i say philosop philosophy, youll get yourself into trouble but i also know that big picture Financial Advice cob haan be ha process. A lot of it seems down right contradictory to most people we tell you to have convictions and stick with the companies you believe in and change your mind on the dime. You need to be cautious because its so dangerous out there but you also need to be ready to pounce on opportunities when they present themselves. You need to be skeptical but also need to know when to suspend your belief, your disbelief. You need to avoid chasing stocks that have run too much, but you also shouldnt care too much where a stock is coming from if you believe its headed higher you know the rules it doesnt matter where a stock is coming from but where its headed to. Believe me, i get it i
To provide the information related to the Capital Increase electronically to the Company Registration authority. Speaker of the parliament about the workers Insurance Plan constructioni said that tomorrow the amendment of this plan will be reviewed in the open floor of the parliament, creating competitive conditions for investment in economic projects , the parliament obliged the executive bodies to provide anonymous investment packages for qualified investors with the cooperation of the private sector. To set up a power plant , without a name , and uploads it to the relevant database. The investment that he wants to invest in, in fact, has a license. They are infrastructural and productive, they are exempted from taxes. It was approved. The parliament also approved a new assignment in the field of foreign investment. They are required to identify the Investment Advice and education that can be provided to investors in their field of work and the issue related to the residence of Forei
Hour. Stocks are set for a positive start after earnings reports, treasuries are falling. Chinese deflation danger growing. Softbanks vision fund set to return to profit. We are getting a slew of trade data from around the region. We see the goods trade surplus widening. We are seeing the current account surplus widening. This as we continue to watch the won as a key currency pair, sentiment has been souring. Not just south korea, always a bellwether when it comes to those first 20 days. We are expecting further weakness. The goods trade surplus is widening to 3. 985 billion, the current account number coming at 5. 8 billion. Shery take a look at how u. S. Futures are trading, we are seeing a muted picture. The s p 500 is being led higher by financials. There is a lot for markets to take in this week. We were talking about cpi numbers totaling more than 100 billion but the market has to digest. Were talking about more stability and investors are focused. Took a bit of time for digester
Minute, as a matter of fact. Good afternoon and welcome to the National Press club. The place where news happens. Im mark, chair of the board of governors, and Senior Reporter for investment news. Thank you all for joining us, both here in person and online, for our headliner event with s. E. C. Chair gary gensler. We are happy to accept your questions and after chair genslers opening remarks, ill ask as many as time permits. Mark to submit a question online, please email headliners press. Org, and put gensler in the subject line. For our cspan and public radio audiences, please be aware that in the audience today are members of the general public. So so any applause you hear or reaction is not necessarily from working press. It is now my pleasure to introduce our distinguished head table. Please stand when your name is called. Starting on monday right at the far end, mark, senior editor, cnet money. Next, j. D. , a reporter and host at the street. Com. Next to j. D. , con stance of co