Word: distinct
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...investors wouldn't be better off with index funds? By and large, investors would be better off with index funds. The question to me is, if you are an active manager, what makes you think you can do better than others over time? We like to think about four distinct building blocks. One is thinking about capital markets more properly. Sometimes markets are efficient and sometimes they aren't. The insight is knowing what mechanisms lead you from efficiency to inefficiency. The second is being very disciplined in valuation, in figuring out if there are differences between fundamentals and expectations...
...Rusbridger had another reason to consider axing the Observer: to strengthen the Guardian's brand by making the daily a seven-day-a-week operation like its acclaimed news website. Moreover, the Guardian and Observer cultures have never fully meshed. The Guardian, a great newspaper, sometimes gives off a distinct whiff of sanctity. The Observer is more irreverent. It controversially supported the Iraq war, which the Guardian opposed. There's nothing so bitter as a disagreement between liberals...
That doesn't mean that the dogs understand the words the way we think they do. When they hear "Frisbee," they may think only, Get the Frisbee. Unlike us, they may not be able to recognize that Frisbee is a word for a distinct object that can be combined with other words to create sentences like "Run away from the Frisbee...
...look” because there are so many transient groups here,” she writes in an email to The Harvard Crimson. “There are the students.... there are the tourists. The one thing I have noticed though is that each city and neighborhood has its distinct style. Beacon Hill as we would expect is a bit preppy. Somerville tends to be a bit hippie. The South End tends to be a bit laid back and minimal in their dress—think of Scandinavian style. Every city is different which is what makes it interesting...
...company to be proud of.” Outside of personal satisfaction, employees found that, in fact, their experience had provided a useful platform for a career in any industry.“If you’re being interviewed, there’s a distinct possibility that people are going to be extremely interested in what you did,” Puopolo said. “You’ll have some interesting conversations, some interesting stories to relate.”—Staff writer Timothy J. Walsh can be reached at twalsh@fas.harvard.edu...