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Since most ETFs only mirror a market index, such as the S&P 500, they won't outperform the index. But increasingly, investors see that outperformance quest as more of a pipe dream. "Only 20% of [mutual-fund] portfolio managers actually beat the index that they're tracking," says John Spallanzani, director of ETF sales and strategy at GFI Group. "So if you put your money in an ETF, you're basically beating 80% of the mutual-fund managers out there." ETFs are also more liquid than mutual funds, because they can be bought, sold or shorted throughout the trading...

Author: /time Magazine | Title: Exchange-Traded Funds: The Hidden Risks | 1/22/2010 | See Source »

...seem a more adventurous bunch than their American counterparts. They experiment freely with structure and venture more often down the path of metafiction, debating the direction of a story even as their characters are entangled in it. ("The Basilica in Lyon," by Serbian writer David Albahari, is a mesmerizing dream chase along those lines.) Hemon says this is a reflection partly of his own editorial taste but also of the European publishing environment, which doesn't follow the American blockbuster model. "There's a lot of American fiction on the fringes that is very daring," he says...

Author: /time Magazine | Title: From Europe with Love | 1/21/2010 | See Source »

...York City, the perennial muse of the American dream, has inspired yet another paean, the musical “In the Heights,” now playing at the Boston Opera House through January 24th. “In the Heights” is reminiscent of other musicals about New York, resembling a cross between “Rent” and “West Side Story.” It takes a cross-sectional look at the intersecting lives of Latino immigrants and their children living in Washington Heights, aspiring to that most nebulous and elusive of entities...

Author: By Catherine A Morris, CRIMSON STAFF WRITER | Title: "In The Heights" Channels the American Dream | 1/20/2010 | See Source »

Even though the American dream is now generations old, “In the Heights” is emphatically contemporary. The musical genre is ostensibly hip-hop, but utilizes a variety of genres. The central character, Usnavi (Kyle Beltran), generally raps his longer monologues and soliloquies, and the cast dances to hip-hop, salsa, and whatever else suits the musical mood. At times there are touches of Paul Simon in the music, and in the dancing, moments of ballet...

Author: By Catherine A Morris, CRIMSON STAFF WRITER | Title: "In The Heights" Channels the American Dream | 1/20/2010 | See Source »

...based around ideas of change and transformation, the Actors’ Shakespeare Project (ASP) undertakes one of the Bard’s great comedies to tragically underwhelming effect. Despite brief moments of inspired hilarity, ASP’s production of “A Midsummer Night’s Dream,” which runs through January 24, falls short with a performance that lacks clarity and vigor...

Author: By Matthew C. Stone, CONTRIBUTING WRITER | Title: ASP's 'Midsummer' Anything But a Dream | 1/16/2010 | See Source »

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