Word: experimental
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Dates: during 1970-1979
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This answer to the "asset mix question" is the centerpiece of Harvard's market strategy, but HMC also tries to use its flexibility to experiment in sophisticated fields like stock-lending, arbitrage and options. "These tools are not very well known in the investment business, and we want to know...
HMC keeps its lines to other universities open, too, mostly through Cambridge Associates, which pools information from 20 schools. "You get into trouble in this business if you just talk to yourself all the time," Cabot says. Stanford for example, has a successful record investing in real estate development, and...
Herrnstein says he thinks students do most of the talking because they are more inclined "to feel that things need to be changed." Sadly, the Faculty lacks the motivation to experiment.
Indeed, the heavies usually use the Head to experiment with unusual combinations, and last year, with a particular boat, the state-of-the-art molded Robinson plastic shell. Again this year the emphasis will be on giving newcomers a try, as coach Harry Parker will let returning varsity veterans Jay...
One sign of that determination is China's present love affair with science. It is the leading subject in schools; under Chairman Hua Guofeng's "six ones program" schoolchildren read at least one science book, tell one science story, do one experiment, explain one natural phenomenon and prophesy...