2min chapter

Animal Spirits Podcast cover image

More Sellers Than Buyers (EP.247)

Animal Spirits Podcast

CHAPTER

The State of Kentucky's Teacher Retirement System

The state of kentucky's teach retirement system was the second largest shareholder for spur bank of russia. Their position dropped by 95 %, from 13 million to 770 grand msum. Who is managing their money? Ri, i want to be a contact sky for this one. I wish i hodn't answer for you. D you know, a big ther pension plant is two billionslike 23 billion dollars. So a position of that size is like five basis points in the whole fund. This is the time in the market where, like, it doesn't matter what good news is. Nd, we've seen this with certain stocks. You'll see a stock that actually

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