In a message dated 5/11/98 12:49:53 PM, hanson@econ.berkeley.edu wrote:
(In response to Rich Schroeppel)
>I recall posting an annoucement of a paper which looked at the future
>longevity expectations implicit in certain financial security prices, such
>as insurance and pensions. They were pretty much business as usual
>predictions. Optimists like you should see this as a profit opportunity.
This is particularly true for somebody who thinks the current possible
anti-cancer treatment of endostatin/angiostatin will work. If it does,
any company which sells lots of life insurance but little pensions/
annuities will make out like bandits. Plus it's likely to happen relatively
soon, if it does at all.
Received on Mon May 11 21:12:34 1998
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