Charles Millard

Sep 19, 2024 | daily.jstor.org | Allison Meier |Willard Bohn |Charles Millard |Jack J. Spector

The icon indicates free access to the linked research on JSTOR. On October 15, 1924, French poet André Breton published his Manifeste du surréalisme, arguing for a new form of literary creation that would unlock the subconscious. He defined Surrealism as “pure psychic automatism, by which it is intended to express…the real process of thought.

Jul 9, 2024 | napa-net.org | Charles Millard

Think of all the risks we insure and think of how we do it. We insure against the risk of premature death by pooling mortality risk by buying life insurance. We insure against liability for automobile accidents by pooling that risk. We insure against fire and similar damage to our homes by pooling risk. We insure against catastrophic medical bills by pooling health care risks and costs. These are all routine forms of insurance that make perfect sense to most people.

Jul 9, 2024 | napa-net.org | Charles Millard

Think of all the risks we insure and how we do it. We insure against the risk of premature death by pooling mortality risk with life insurance. We insure against liability for automobile accidents by pooling that risk. We insure against fire and similar damage to our homes by pooling risk. We insure against catastrophic medical bills by pooling health care risks and costs. These are all routine forms of insurance that make perfect sense for most people. So why don’t we do more to pool longevity risk?

Apr 9, 2024 | pionline.com | Charles Millard

BreadcrumbHomeINDUSTRY VOICESApril 15, 2024 07:01 AMTweetShareShareEmailMoreReprintsPhoto: Vincent RicardelCharles E.F. Millard Participants in 401(k) plans are generally long-term investors. Yet, most 401(k)s have no investment in an excellent long-term asset class: private equity — more specifically, secondary private equity. Today the vast majority of 401(k) and other defined contribution participants are in target-date funds.

Feb 8, 2024 | plansponsor.com | Charles Millard

It has been three and a half years since the Department of Labor published its letter indicating that alternative investments can play a useful role in target-date funds. It has been two years since the DOL reiterated that guidance in December 2021. Yet alternative assets are still underutilized.