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...derivative offsets his loss. A put option is the right, but not the obligation, to sell a security at a set price. A futures contract is an agreement to buy or sell something at a future date. Both are derivatives because they derive their value from an underlying asset, in this case, real estate. If that sounds complicated, well, it is. The notional value of the futures contract is about $50,000 and is bought on margin with just a few percent down, which means you can get badly burned. Since the May debut, developers and hedge funds are among...

Author: /time Magazine | Title: Global Investing: A New Hedge For Your House | 9/17/2006 | See Source »

Gabrieli, a former Eliot resident and businessman, said that gay marriage is “an asset to our state,” citing research by George Mason University Professor Richard Florida that correlates higher numbers of gay residents to greater economic prosperity...

Author: By Nicholas K. Tabor, CRIMSON STAFF WRITER | Title: Gov. Contenders Woo GLBTs | 9/13/2006 | See Source »

...feel that what we have learned over time is a big asset for the company," says Markus Langes-Swarovski, 32, an executive-board member who oversees branding and communication and is a great-great-grandson of the company's founder, Daniel Swarovski. "Protecting your know-how is one element of showing appreciation for what you've achieved...

Author: /time Magazine | Title: Cutting Edge | 9/11/2006 | See Source »

...this majority owner/regulator caper. Still, there was no reason to think it would not learn to cater to its new share-owning constituency. Today, around 1 in 9 voters is a Telstra shareholder; it's a broad group, to be sure, but like a majority of asset-rich Australians, these T-people tend to vote for the John Howard?led Coalition. Just last week, a survey by Roy Morgan Research showed that the government has very strong support among its joint-venture partners in the telco: 71% of Telstra shareholders surveyed supported the Howard government's management of the economy...

Author: /time Magazine | Title: The New Rules on Telstra | 9/4/2006 | See Source »

...Telstra shares was a political albatross, or that the regulators would rig the game to the company's advantage, has been put to rest. The world has changed?for Telstra and its competitors, investors and Canberra. Voters have wised up. Australians have now lived through a decent cycle of asset-market turbulence (even though gross domestic product has been expanding for 15 years). Says one government adviser: "House prices are the key to how Australian voters feel about their wealth. Full stop." Among existing homeowners, only those who bought late in the boom in Sydney or Melbourne are unhappy, more...

Author: /time Magazine | Title: The New Rules on Telstra | 9/4/2006 | See Source »

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