Sep. 2, 2021
I submitted this via the webform last night, but I felt it was important for those looking at the PDF file to see the Excel file that generated the pictures in my PDF file. I would encourage anyone looking at my proposal to play around with the spreadsheet. Under all historical scenarios, and even wilder ones that I can imagine, using a mechanism that I am proposing would eliminate all runs on money market funds. Sounds too good to be true? Read my PDF, and give the spreadsheet a spin. Sincerely, David J. Merkel, CFA (I was one of the first investment actuaries in the USA) Aleph Investments, LLC in Ellicott City, MD https://alephblog.com
(Attached File #1:s70121-9202258-249830.pdf), (Attached File #2:s70121-9202259-249830.pdf)