Word: tends
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...Membership of Norwell, Mass.; and Bombardier Skyjet, based in Fairfax, Va. Through Delta's AirElite service, which launched in February, customers pay a minimum of, say, $144,500 for 25 flying hours in a six-passenger Lear 60 business jet--and get frequent-flyer miles on Delta. These providers tend to specialize in travel within the U.S.--though if you want to go to London, some operators, such as Delta AirElite, can get you there too, on a larger private craft. These companies ooze discretion, and while they don't disclose the bottom line, they all report "significant interest...
These are fairly radical findings. Young funds tend to have high expense ratios--an average of 1.53% of assets for funds less than three years old, vs. 1.48% for all others--and so face a higher hurdle before they make money for investors. They also blow up more often and quietly disappear. As for drilling down into their portfolios, that has always been a good idea--to get a sense of what the fund manager likes to own. Yet with the typical stock-fund-turnover rate of 105%, that information gets stale fast. "There's no substitute for proven management...
...These ideological fault lines translate at ground level into real, geographical divisions. The poor, who tend to be more fundamentalist, live mostly in dust-blown shanties on the outskirts of town. There, they clan together, Pathans with Pathans, Baluchis with Baluchis, seeking to replicate their tribal life from their homelands. In some ghettos the clergymen have banned television, women wear burqas and the only education on offer for youngsters is the mesmeric recitation of the Koran at local madrasahs. Crimes are punished by elders inside the community according to Koranic law, and the police never hear about the transgressions...
...framework. The blades themselves will be cleaned with every rotation, to avoid a build-up of animal and plant life. Even with its unresolved issues, the system is a huge improvement over past methods of harnessing tidal energy, which aren't cost efficient and are also clumsy - they tend to create problems of silting and interfere with shipping and wildlife. Though tidal stream generation is still in its infancy, Baird estimates that with the coming of commercial-sized installations within the next five years, the cost of producing electricity for the national grid would be about €.05 per kilowatt...
When given this scenario, girls tend to focus on the feelings of both the moles and the porcupine. Gilligan says one girl asked if she could put a blanket on the porcupine to soften the blow of its quills and let it stay in the moles’ house...