Word: biased
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...always, what will happen next is impossible to say. What's clear is that the indexes have been trouncing the typical stock fund for a long time. Even if this era of big-stock bias fades soon, the fee fest that comes with actively managed funds is a lot to overcome. Your odds are good in a fund with a steady manager and a superior record. But if you find yourself paying fund managers who can't find the ocean from the beach, index funds are a solid alternative...
Unfortunately, some developments in the Middle East peace process are less publicized than others, which inevitably leads to bias and misapprehensions. Thus, while most of us know enough to react with indignation to the mention of Noam Friedman, I would wager that very few of us know what to make of the name of Etta Tzur...
Republicans turned down their invitations to the conference two years ago, accusing the Kennedy School's seminar of a liberal bias. However, the decision of some of the members of the GOP to attend the seminar this year is based less on the trends at the Kennedy School and more on nationwide political shifts. The Republicans held their own conference in 1994 to ideologically mobilize their freshmen representatives in an attempt to ram the Contract with America through Congress in 100 days. Their legislative failure and Newt Gingrich's political freefall have led the GOP to attempt to adopt...
...does not reflect quality improvements adequately. If radial tires last three to five times longer than the bias-ply tires they replaced, their price could go up in dollars but drop per mile driven. But the CPI reflects this only partly...
...orientation program, initiated in 1972, had been canceled two years ago after newly-elected Republicans refused to attend, citing the Kennedy School's traditionally liberal bias...