Reading and loved ones the perfect holiday recipe

As much as reading and writing about pension and investment management is exhilarating, I’m super excited about a holiday reading list I’ve cultivated, and the new-found perspective it will give me to fulfil my role and responsibility as an industry observer.

Today I have been reading a paper, Addressing Media Misconceptions about Public-Sector Pensions and Bankruptcy. It combines a couple of my favourite topics (in some instances favourite because I genuinely like them, in some instances because, for whatever reason, my destiny has meant I know a lot about them) – media, of course, and misconceptions about pensions.

The media gets a lot of flak, and often rightly so. But just like any industry, generalising about “the media” is fraught. So in defence of this media, it’s worth noting that the publisher of conexust1f.flywheelstaging.com, Conexus Financial, takes very seriously the power the media has to influence and inform – and the responsibility this brings with it.

conexust1f.flywheelstaging.com strives to be a journal of record, of truth, to provide insight and perspective, access and accuracy.

Along the path to being a good writer is a lot of reading. Most of what I like to read is about good writing. So far, this is what my holiday reading list looks like:

 

Sponsored Content

Because it will ease me out of reading for work into reading for pleasure:

http://www.newyorker.com/online/blogs/johncassidy/2011/10/what-would-keynes-say-now.html

 

Because it reminds me what it takes to be a good writer:

http://www.vanityfair.com/society/features/2011/10/conrad-black-201110

 

Because it’s topical and I want as many different views as possible:

http://www.theatlantic.com/business/archive/2011/10/5-reasons-why-occupy-wall-street-wont-work/246041/

http://www.huffingtonpost.com/jeff-jarvis/occupywallstreet-the-fail_b_991928.html

 

Because it’s history in the making:

http://www.spiegel.de/international/world/0,1518,789624,00.html

 

Because it’s funny:

http://www.theonion.com/section/politics/

And if I get through that list, I’ve got two novels I’ve been meaning to tackle, which make a disconcerting coupling: Martin Amis’ Money, and Civilization and its Discontents, by Sigmund Freud.

So officially I’m on holidays this week. The idea was to spend time with my kids, do some reading, and gain some perspective and energy to kick into the end of the year with gusto. I haven’t stopped working and it’s mid-week. While that is not ideal, just the idea of being on holiday has already given me a new perspective.

It’s this: There must be something wrong with the way we live if I can’t stop working for one week! Being too busy is not going to be my excuse for neglecting other priorities.

With the acknowledgement that the media has power to influence and inform, I impart this knowledge: Leave work early today and go and spend some time with the people you love. I’m off to the beach…

 

Leave a Comment

Sort content by

Disparity in policy portfolio risk profiles

A policy portfolio is a poor reflection of investor preferences, argued Peter Bernstein. This philosophical question has now been empirically tested by MIT’s Mark Kritzman, who shows the inter-temporal disparity of a policy portfolio’s risk profile. He suggests a simple framework for addressing this deficiency. Kritzman encourages investors to replace rigid policy portfolios with flexible investment policies.

Ventures on the risk spectrum

Hershel Harper received an early education in finance when he used to read Business Week in High School. The 43-year old now at the helm of the $27-billion South Carolina Retirement Systems, investing on behalf of South Carolina’s 350,000 public sector workers, says he knew back then he wanted to manage money: “I really am

Getting the commodities mix just right

While commodities are a controversial and problematic asset class to some investors, for others they are an ideal diversifier looking more attractive than ever. A mini-revival in commodity investing among US pension funds suggests the asset class may be enjoying a resurgence. The Los Angeles Fire and Police Pension System, Municipal Retirement System of Michigan

The end of beauty contest active management?

Designing and implementing concentrated, long-horizon investment mandates would support longer term thinking, align pension organisation’s goals with its stakeholders, and reduce transaction costs. This was one of the recommendations of a two-day workshop in Toronto last month, attended by a delegation of 80 pension fund executives from around the globe. Aimed at uncovering the meaning

Italian fund rides out crisis in style

The wrath of the European sovereign debt crisis may have left its mark on Italy in more ways than one, with both its financial and political scenes regularly sliding into crisis mode for the past year or two. However, the nation’s largest private pension investor, the €7.75-billion ($10.1-billion) Cometa fund, has firmly kept on track

Paul Marsh: live with low returns

The London Business School’s emeritus professor of finance Paul Marsh admits that you have to be slightly mad to embark on the kind of research detailed in the latest edition of Global Investment Returns Yearbook. This year Marsh and colleagues Elroy Dimson and Mike Staunton – Marsh describes the three of them, pictured below, as

Previous