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Web“It’s pitiful, isn’t it?” says Frederick “Shad” Rowe, a member of the Texas Pension Review Board, which monitors state and local government pension funds. “My experience has been that pen-sion funds misfire from every direction. They overstate expected returns and understate future costs. The combina-tion is debilitating over time.” WebOct 16, 2024 · I first became aware of Frederick “Shad” Rowe, captain of Dallas-based Greenbrier Partners, by reading his brilliant comments in Forbes magazine decades ago. While Shade no longer writes for Forbes, his stock market insights are available via his monthly letter to the clients in his investment partnership. michaels sales ad for this week
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