Word: digitalizes
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Dates: during 2000-2009
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...mutual funds traveled this trail of tears, Southern California math professor Ed Thorp was delivering positive, usually double-digit, returns every year to investors in the fund he launched in 1969. Thorp, probably best known for figuring out how to beat the house at blackjack, did this by programming computers to identify small price discrepancies between securities that should have been trading in tandem. Then he borrowed tons of money to bet that these discrepancies would disappear. Such strategies were off-limits to mutual funds, but Thorp's Princeton Newport Partners was a hedge fund--an unregulated investment partnership catering...
...leave the floor where they were collecting information on textbooks. Tuesday’s incident, however, did not prevent the student-run Web site crimsonreading.org from going live this week. The site, known as Crimson Reading, allows prospective buyers to compare textbook prices online. ISBN numbers are the ten-digit numbers attached to each book to serve as unique identifiers. “We need that database of ISBN numbers to keep the Web site running,” Crimson Reading co-founder Tom D. Hadfield ’08 said. And in fact it was Hadfield himself who, together...
...Flato, who played the entire 40 minutes of the contest. “Our students [at Yale] are right on the floor, and we usually get a pretty big turnout at the Harvard game.” The Crimson opened the game strong and surged to an early double-digit lead before running into a wall. With a little over 11 minutes remaining in the first half, Crimson freshman point guard Jeremy Lin knocked a ball loose at halfcourt and threaded a perfect bounce pass through three Yale defenders to a cutting Drew Housman (16 points, one assist, five turnovers...
...weak, it's all proving quite manageable. "We can feel the U.S. slowdown, but it's not unsettling. There's no crash," Leibinger-Kammller says. Trumpf's sales of its metal-cutting machines elsewhere--to Saudi Arabia, to Singapore and especially in Germany--continue to rack up double-digit growth rates. The buoyancy of global trade "is amazing. We have to keep telling ourselves: Careful, this can't last," she says...
...urgency on trade and currency issues. Lardy, the Institute for International Economics fellow, is skeptical that there will be any significant policy changes soon. He calls China's leaders "momentum players," observing that they are loath to change course while things are going well. After all, China has double-digit economic growth, huge trade surpluses, and more than a trillion dollars in foreign-exchange reserves. Why mess with success...