Los Angeles needs Warren Buffett model for pension plans, panel says – Pensions & Investments


Pensions & Investments
Los Angeles needs Warren Buffett model for pension plans, panel says
Pensions & Investments
Los Angeles should emulate Berkshire Hathaway Chairman Warren Buffett to curb a sixfold increase in city pension costs since 2003, a panel led by former U.S. Commerce Secretary Mickey Cantor recommended. The city relies on an overly optimistic …
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