Word: assets
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...real concern is the future of our labor force," said Boskin, citing the "tremendous flexibility and dynamism of our labor market" as a chief asset...
...professors say there are few alternatives should the foundation option diminish. "You're talking about billions and billions of dollars," explains Huntington. "Foundations have been a great national asset...
...supporters in his victory speech, "Today in Massachusetts we have proved that money can't buy you a U.S. Senate seat." In his campaign against millionaire real-estate developer Jim Rappaport, Kerry applied the corollary to the first rule: He managed to portray his opponent as someone whose only asset was his assets. Kerry's campaign accused Rappaport of acquiring his fortune through family connections, government subsidies and dubious business dealings...
Markowitz, 63, showed that investors fared best when they purchased a wide * range of stocks, bonds and other assets, because the risks in a diversified portfolio tended to offset one another. That insight made Markowitz the intellectual father of the mutual-fund industry. Sharpe, 56, demonstrated that the risks and rewards of holding an asset like stock are linked to its volatility in relation to the rest of the market. For example, highly volatile stocks are the biggest winners in bull markets but suffer the heaviest losses in downturns. Sharpe has cashed in on his insights, running an investment advisory...
...times have changed. For those entering politics today, membership in exclusive private clubs--such as the nine all-male final clubs at Harvard--is as often a stigma as a social asset...