Institutional Investor (November 21)
“After saving $1.6 billion since implementing its high-profile Collaborative Model in 2017, the California State Teachers’ Retirement System plans to focus on even more sophisticated cost savings efforts.” It already directly “manages 85 percent of its fixed income portfolio, and 75 percent of the global equities book in-house.” Now it plans to extends its Collaborative Model to encompass more private investments while shifting “its exposure from global equity to private credit, private equity, and infrastructure.”
Tags: 2017, CalSTRS, Collaborative Model, Cost savings, Credit, Fixed income, Global equities, Implementing, In-house, Infrastructure, Portfolio, Private equity, Sophisticated
Bloomberg (August 24)
“Many of the governments once lauded for their textbook Covid-19 responses, replete with strict lockdowns, sophisticated contact-tracing apps and clearly articulated policies, got tripped up by something in the end… It only goes to show that there’s no winning the coronavirus recovery.”
Tags: Contact-tracing apps, Coronavirus recovery, COVID-19, Governments, Lauded, Lockdowns, No winning, Responses, Sophisticated, Tripped up
Inc (July/August Issue)
“Artificially intelligent machines could streamline a company’s operations. Or, as the doom-and-gloomers say, one day they could supersede human founders.” The answer probably lies closer to the latter. “According to a recent article in the Washington University Law Review, algorithmic entities, or AEs, are nearly sophisticated enough to run a company–and have a particular comparative edge when it comes to ‘criminal enterprise.’”
Tags: AEs, AI, Criminal enterprise, Doom, Gloom, Human, Operations, Sophisticated, Streamline
New York Times (July 16)
“There was something wonderfully childlike in the delight of scientists and the public at the rendezvous of the New Horizons spacecraft with that most distant and mysterious of the planets, Pluto…. But there was nothing childish in the extraordinary science and engineering required to send half a ton of highly sophisticated instruments hurtling through space at speeds of up to 47,000 miles an hour for three billion miles.”
Tags: Childlike, Engineering, New Horizons, Pluto, Science, Sophisticated, Space
Forbes (September 8)
“As for Olympic infrastructure, the Japanese are famously good at meeting deadlines, which should come in handy when state-of-the-art new facilities need to be built. Another factor is Tokyo’s mass transit system, which in many ways is the world’s most sophisticated – indeed far more sophisticated than it was in the 1980s, when it was already well ahead of most Western cities.”
Tags: Deadlines, Facilities, Infrastructure, Japan, Mass transit, Olympics, Sophisticated, Tokyo