Step 4: shut down (by force of law) all pensions that claim to offer returns in ... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		Evbn on April 13, 2013 \| parent \| context \| favorite \| on: My Time at Lehman Step 4: shut down (by force of law) all pensions that claim to offer returns in excess of the Treasury bill rate. Employees shouldn't be forced to but their compensation in a lottery managed by someone else with fraudulent promises of returns.

eli_gottlieb on April 14, 2013 [–]

I think index funds are reasonably safe enough. "I bet that the whole market will make money over 40 years" tends to work out decently.

Consider applying for YC's Summer 2026 batch! Applications are open till May 4
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact