Jeremy Gold, FSA PhD - R.I.P.

Aside from being a great actuary, Jeremy was a great person.  I will miss my friend.

http://www.wirepoints.com/r-i-p-jeremy-gold/

https://www.nytimes.com/2018/07/13/business/jeremy-gold-actuary-who-warned-of-pension-crisis-dies-at-75.html

https://www.wsj.com/articles/jeremy-gold-shook-up-pension-world-with-warnings-about-risks-1531492200

https://www.forbes.com/sites/ebauer/2018/07/17/public-pension-funding-crisis-who-was-jeremy-gold-and-why-should-you-care/#581c0b26643f

http://stump.marypat.org/article/1037/rip-jeremy-gold-an-actuarial-memorial

The sad thing is that although Jeremy beat this drum for 30 years, almost nothing has changed in the actuarial profession.  Even the Pension Funding Task Force, which published good work based on sound financial economics for a while, turned into a shitshow and was ultimately shut down by the powers within the profession backing the old useless methodologies.