Word: investments
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Dates: during 1980-1989
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...become a cliche that the Indians would have made out like bandits if they had merely invested the $24 they got at 8% (let alone in Fidelity's Magellan mutual fund). They'd have had $32 trillion by now. But the point is, they didn't take cash and invest it, they took trinkets. Today we're taking Nintendo games and Honda Preludes...
...Lawrence I. Steyn '92, treasurer of the Harvard Investment Association, and one of 72 Harvard participants in last year's game, agreed. "Most people here will eventually need to invest their money," he said...
...There's no way I'd ever invest in the market to gain any money," he said...
...sale will virtually wipe out Zenith's debt and enable the company to invest in new technologies, including high-definition television. While HDTV is probably a decade away, Zenith is developing flatter, sharper TV screens that may keep the company -- and the U.S. -- in the race with Asian manufacturers...
...Harvard can serve itself and our society by transcending the notoriously short American time horizon and continuing to invest in minority and women graduate students. The payoff will take a while. In Putnam's words, "It takes time for people to become major scholars whether they are male, female, black, white or pink." But is that an excuse not to push ahead...