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Rich Wiggins currently works for a large corporate pension plan in the Kingdom of Saudi Arabia. He was previously a senior consultant at Summit Strategies Group and chief investment strategist at Citizens First Bancorp. He is a past president of the CFA Society of Detroit and a periodic contributor to Barron's, Institutional Investor, The Journal of Indexes and other practitioner journals. Wiggins is an author/contributor/abstractor to the CFA Digest and past member of the Council of Examiners which authors the Chartered Financial Analyst Exam
This discussion continues to gain traction as members and thought leaders are currently discussing whether you can or can not rely on net factor exposure to see if a factor has been over weighted
A recent paper from the World Economic Forum – the group that runs the Davos conference – stated that Americans pay more for healthcare than other countries but get inferior outcomes. That rhetoric was amplified by Warren Buffett, when he called health care costs a “hungry tapeworm” eating into the American economy.