Word: beate
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Dates: during 2000-2009
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...Viacom nine months ago. "We are on the right track but we need to move to the fast track," said Redstone. "Philippe will enable us to refine and aggressively implement a digital strategy with energy, focus and speed. He will let no opportunity pass and let no competitor ever beat us to the trophy...
...Afterwards, a shop owner, overhearing me complain on the phone about my treatment, invited me to his home for lunch. "The army is disrespectful to us," he said. "They take away our young men and beat them for no reason. We are Pakistanis, but they treat us like foreigners." And so, in his opinion, did the central government. "None of the work on the port has gone to people from Gwadar," he added. "They are spending billions of rupees on it, but they have not even built us a proper hospital." Like the children playing cricket, he seemed to consider...
...increased interest owes in part (maybe mostly) to the fact that quants have done quite well of late. Casey, Quirk & Associates, an investment-management consultancy, took a look at institutional pools of money buying the stocks of large U.S. companies and found that those run by quants have consistently beat those run by nonquants since the beginning of 2003--by up to 2 percentage points a year...
...performance isn't what quant shops are about--at all. Quants are coolly confident that managers who hit it big one year are likely to stumble the next, so their goal is simply to beat a benchmark index (say, the S&P 500 or the Russell 1000) by a few percentage points a year. "We're about hitting lots of singles," says Ronald Kahn, who runs advanced equity strategies at Barclays Global Investors. The Casey, Quirk survey found that quants take about half as much risk as nonquants. Over time, that habit of not losing as much money in down...
...needs Harvard, you ask? Yale does, of course--so that it has a rival team it can beat every now and then. (THE REV.) MARC HALL YALE '37 Stowe...