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1 year agoTwo points:
- It’s the fiscally responsible thing for these pension funds to do. They have diversified investments, including S&P500 stocks. I hope the police and firefighter pension realized all those TSLA gains.
- Institutional investors have POWER, and we don’t want all institutional investors to be investment banks. Why isn’t it good news that a union pension fund is holding a greedy board accountable for outsized executive pay? These guys saw a material impact in their investments at TSLA due to board BS and sued the board.
I’m partial to the litany against fear. Not super deep, but I can say I’ve recited it quietly to myself a few times! It’s a decent tool to acknowledge, process, then repress and move past true fear.
I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past, I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain