Public pension plans are the focus of this week’s The Far Middle podcast. Nick explains why public pension plans are a big deal. The annual benefit payments from these plans represents roughly 1.5% of U.S. GDP. Unfortunately public pension plans are in escalating financial trouble as liabilities increase and funding decreases. Nick argues that managers and leaders of these funds have lost their fiduciary compass, and that compass has been replaced by “the Leech way.”
Far Middle episode 175 returns to the rink with a tribute to Bob Probert for this week’s sports dedication. Probert is widely considered the...
The Far Middle episode 108’s release falls on Flag Day, a coincidence that won’t happen again until June 14, 2028—mark your calendars! Nick discusses...
In episode 20 of The Far Middle, Nick again connects a series of subjects (“dots”) that on the surface appear to be separate. Nick...