America’s Pension Black Hole: Dissecting Warren Buffett’s Tapeworm – Huffington Post

America's Pension Black Hole: Dissecting Warren Buffett's Tapeworm
Huffington Post
In Berkshire Hathaway's latest annual letter, Warren Buffett described public pension plans as a "gigantic financial tapeworm" and warned of a decade of pain. He was right on the first point, less so on the second. On May 31, 2004, Alberta Martin (née

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