Interview with Howard Marks: Masters in Business (Audio)
Masters in Business
00:00
State Pension Funds Are Underfunded
State pension funds seem to be somewhat underfunded and wed to these high return expectations. What does this tell us about the future obligations that taxpayers may find themselves on the hook for? That's really one of the great questions today, Barry, that very few people are talking about. I think that most public funds are woefully underfunded.
Play episode from 51:43
Transcript
