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by caminante 51 days ago
You know you're not being fair with that take.

Clearly, I am aware of the CPPIB's structure even citing the Office of Chief Actuary's report regarding downside scenarios and health scores. [0]

[0] https://www.osfi-bsif.gc.ca/en/oca/actuarial-reports/actuari...

edit:

> if a retirement fund had put all their money into a stock index in 1926, it wouldn’t have been able to pay out pensions throughout the 1930s and 1940s

Point was that this/your rationale doesn't apply to CPPIB's situation.