Here joining us is chief Investment Officer of the Minnesota State board of investment. Good morning. Good morning, john. How are you . Im doing pretty well i hope you are, too. So, a lot of people trying to figure out what to do with this market your philosophy is to buy the market and not individual equities but this market has been kind of funky i wonder does big techs increasing waiting say in s p 500 concern you . How do you get as diversified as you want to be no. As i said, i mentioned before, we dont look at sector by sector weve been longterm investors and for the most part we buy the market you know, domestically we own the russell 3,000. We do have active managers, but the vast majority of our portfolio is passively managed our equity portfolio is passively managed, same on the International Side so we probably have most stocks that are available to us. Thats done pretty well for you. I wonder with this disconnect between the economy and the market that were seeing does that
A 10000000000 dollar government rescue package to help keep it afloat. The governor of the u. S. State of texas reversed his plans to lift the locked out there after a sharp rise in coronavirus cases. And further consolidating power russians take part in a referendum that could see the president stay in office for another decade. And sport australia and new zealand of won the rights to host the 2023 womens world cup the joint bid between colombia and a vote held by footballs world governing body. Its been a month since the death of george floyd in custody and policing in the United States could be on the brink of a major change the house of representatives is debating democratic legislation that reduces Legal Protections for officers and would make it easier to prosecute police it would also ban chokeholds and change the criteria for using lethal force. Exactly one month ago george floyd spoke his final words i cant breathe and change the course of history since then here if it day ame
My name is Audrey Stewart and im excited to welcome you to the event with Rebecca Henderson talking about her book reimagining capitalism in a world on fire. She is joined tonight by paul solman. This is part of our Virtual Event series, we are glad to bring luminary offers a to the community during these unprecedented times. Every week we will be hosting events on the broadcast stage in our Event Schedule will appear at harvard. Com and you can find out for our email newsletter. We have a ton of great events coming up, dont miss out. If you enjoy tonights event and once more, next monday, may 11th, robert reich will discuss his new book. We conclude with time for your questions. If he would like to ask the author something, go to be asked the question but not the bottom of the screamer you can submit your question. At the bottom of the screen during the presentation you will see a link to purchase your copy of reimagining capitalism in a world on fire. All sales support Harvard Bookst
Virtual event series to bring luminary authors to the community during the unprecedented times every week we will host a senior and just like always Event Schedule will appear on our website and sign up for the email newsletter if you want more we will discuss the new book with mike and we will conclude with questions if you like to ask the other something asked the question at the bottom of the screen we will get there as many as time allows at the bottom during the presentation we will see a purchased copy of reimagining capitalism all sales benefit Harvard Bookstore so thank you in advance for all of your support during the difficult and uncertain times. Also a donation button if yorty have a copy of the book or would like to contribute to the series in a different way and the store we really appreciate it. Your purchases and contributions make this new virtual author series possible supporter staff and truly ensure the future of a landmark independent bookstore. I am so pleased to
You to our event with the assistant secretary of defense for into security affairs. We have been fortunate to engage him on several aspects of our policy research over the past decade and while he is serving in the Administration Since 2017 and randy thank you for your service to our country an Important Role you play in the administration. Randall shriver was appointed as assistant secretary of defense i President Donald Trump on january 82018 previously having served as Deputy Assistant secretary for Pacific Affairs under which portfolio he covered china taiwan hong kong and australia all the easy stuff. Earlier he held the role of chief of staff to the deputy secretary of state from 2,122,003 and served as an activeduty nato Intelligence Officer deployed in operation Desert Shield and desert storm. Beyond his government career randy has been a leading thinker on wings of issues in u. S. China relationships over two decades and a robust voice on the future of that relationship asking