On the margins of the 67th CFA Institute Annual Conference in Seattle this week, Stanford University business school professor emeritus William F. Sharpe sat down with the Financial Times for a video interview that amplified several key themes that the Nobel Laureate discussed in his remarks to delegates. Among them are the challenge of generating income in retirement, the active versus passive debate in investment management, and why financial models often fall short.
“Many people who are lower- and middle-income really are taking a big risk if they do not annuitize to some extent — a risk of basically running out of money,” he tells the FT‘s John Authers. You can watch the full interview below.
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