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 Nick argues that managers and leaders of these funds have lost their fiduciary compass, and that compass has been replaced by “the Leech way.”
As The Far Middle episode 110 takes the field on June 28th, Nick goes back to today in 1957 for this episode’s sports dedication....
Far Middle episode 194 is another exploration of multiple interconnected topics, beginning with a tribute to Constantine "Cus" D'Amato, a legendary boxing trainer and...
The Far Middle episode 122 begins by rewinding the clock back to the summer of 1978 to celebrate Pete Rose’s magical 44-game hitting streak....