Word: indexable
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...earned an MBA from Harvard and worked on Wall Street before joining CNBC—heavily influences her writing, and not always positively. In Orange Crushed, she indulges in digressions on the relative merits of the Gini coefficient as a measure of inequality and the application of the Herfindahl index to emerging Eastern European economies. At some point, readers will likely need to consult their Ec 10 notes to keep pace with the characters’ academic repartee...
...Council also instituted admission standards—banding students by their Academic Index number—for every recruited athlete entering a school. This set up a bizarre incentive system where, theoretically, you could sacrifice one sport by only recruiting students in the top band, allowing you more flexibility in terms of recruiting for other sports...
...lecture outline annotated with love notes. “I hate this place” scribbled on an index card in Cabot. Melancholy love musings on the back of photographs. Random stuff is everywhere—on a person’s shoes, in dorm stairwells and tucked in tattered textbooks...
Right now, investing in China is hotter than a pot of green tea. Sure, Morgan Stanley Capital International's China stock index suffered a 9% setback in mid-April, but it has still gone up 72% over the past 12 months. In January and February alone, some $320 million poured into U.S.-based mutual funds invested in China. The bullish case for China seems irresistible: a stable government, millions of aggressive entrepreneurs, plenty of cheap labor and 1.2 billion consumers eager to fulfill a lifetime of pent-up demand. But don't be blinded by hype. Here are the important...
...price you had to pay to get in. And the Chinese stock market, at least for now, is dangerously overpriced. There's nothing wrong with having an indirect stake in China through a diversified, low-cost foreign fund like T. Rowe Price International Stock, Vanguard Total International Stock Index and the global fund that Younes runs. But buying Chinese stocks or a China-only mutual fund could give you a scalding if the teapot suddenly boils over. --With reporting by Carolyn Bigda...