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Illiquid Rappers S04:E01

Pirates of Finance

00:00

Blackstone's Plunging Their Chest

For every dollar into target date funds, it might move the market up anywhere up to $5 depending on whose research you look at. Some are up to like even 12 now, aren't they? So it's a dynamic target for sure. But when I was trying to follow even what you were saying, I was like, you're like, they're promising 11% returns a year for six years with a billion dollar backstop if they don't like just all of none of this makes sense.

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