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Bayesian Analytics and the Presidential Election

Something interesting happened in the lead up to the presidential election.  Most of the mainstream media outlets were predicting a statistical dead heat between Obama and Romney, and only towards the end did some in the media start reporting that Obama had a razor thin margin. However, this so-called statistical tie was at odds with …

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Calstrs Reduces Assumed Rate of Return

The California State Teachers’ Retirement System (Calstrs), the second largest public pension fund in the US, reduced its assumed rate of return from 7.75% to 7.5%.  Calstrs is a $145 billion fund. According to Bloomberg, only 3 of the 11 U.S. pension funds with assets of more than $50 billion have reduced their assumptions since 2007-08.

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Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Phasellus hendrerit. Pellentesque aliquet nibh nec urna. In nisi neque, aliquet vel, dapibus id, mattis vel, nisi. Sed pretium, ligula sollicitudin laoreet viverra, tortor libero sodales leo, eget blandit nunc tortor eu nibh. Nullam mollis. Ut justo. Suspendisse potenti. Sed egestas, ante et vulputate volutpat, eros pede …

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