Word: better
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...what happens if Microsoft cannot mount a successful challenge to Google's main business? Probably nothing. From a financial standpoint, the software business is better than the search business. The revenue is better, and so are the margins. Microsoft will remain successful, more successful than Google, because it owns the more valuable real estate. Being a growth company is overrated...
...ways to see the "credit crunch" that helped kick off our broader economic trouble is by looking at how much companies have to pay to borrow money. For the better part of a year, the premium that firms have had to shell out above what investors could alternatively earn on government bonds has been fantastically high...
What that means is that the firms going out to raise money tend to be the ones with better credit quality. In March, companies raised $116 billion by issuing bonds. That was the most since May 2007. However, of that $116 billion, a full $115 billion was raised by high-grade issuers...
...endowment a fixed and static managed investment. Rather, it is a self-regenerating pool of funds that is directly impacted by the result of our community achievements. More and happier students will donate more in the future, as happened when Harvard weathered the 1930s Depression. Allston will bring better research, attract better faculty, and bring more prestige to the university. Housing renovations will improve student life and happiness surveys—the backbone of FAS. Hence the debate should not be about changing the way HMC invests (they almost always know better than the pundits), but rather about enacting counter...
...dads. During the winter, looking forward to Sunday football games was one of the few reprieves from the cold, dreary, snowy, and generally depressing weather. Every kid who lived in Chicago during the 1990s knew that their career of choice was to be Michael Jordan and also knew, for better or worse, that the Cubs’ annual late season collapse was an essential part of the calendar year. After home teams have given us so many memorable childhood experiences, they deserve lifelong fans, supporters who will come to their defense in any city, in any game, at any time...