Word: forms
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...Indeed, hedge funds in their original form were designed to reduce investment volatility by profiting in bear markets as well as bull. But some wonder if the industry is in danger of becoming a victim of its own success. The number of funds has swelled from 6,297 in 2003 to nearly 10,000 today, raising concerns that an influx of young, inexperienced managers will find it increasingly difficult to post market-beating returns. Managers charge a lot for their expertise - typically a 2% annual management fee plus 20% of profits. But with funds multiplying in both diversity and complexity...
...While the unpredictability of a horse's racing form and the oft-inscrutable methods used to gauge it can befuddle dilettantes, good fortune can smile on the persistent. In 2003, following the Garden Party disappointment, Lo and his partners from various corners of Hong Kong's professional world - manufacturing, movies and modeling - located another 2-year-old gelding named Pocket Money in Ireland through a trainer's connections. They bought him and shipped him to Hong Kong. After two seasons with little consistent success racing the horse at various distances and in differing weight classes, they switched to another trainer...
...wreath at ground zero because New Yorkers were revolted by "the prospect of a tyrant's hand touching sacred ground" [Oct. 8]. I do not want to discuss how many tyrants the U.S. has tolerated vs. how many it has fought. But wouldn't it have been good diplomatic form to have allowed Ahmadinejad to lay a wreath in honor of all the 9/11 victims killed by Islamic fanatics? What kind of impact would his gesture have made on the dogmatic, anti-Western Muslims? Maybe New Yorkers should have waved the flag of peace first and then just waited...
...actively funded his ideological allies to allow them to take power across the region, especially when America remains disengaged. Evo Morales in Bolivia, Rafael Correa in Ecuador, the everlasting Castro in Cuba, and Kirchner in Argentina have all benefited from Chavez’s petrodollars in the form of infrastructure deals, bond buy-outs, and outright gifts. And yet, even for self-declared neo-socialists like the Venezuelan president, there is no such thing as a free lunch. With different degrees of support, all these leaders are involved in the “Bolivarian Alternative for the Americas...
...said at the Center for Government and International Studies. “In fact, no such terminology exists.” He cited the examples of celebratory “mass games,” in which hundreds of children gather in a stadium and form a giant mural by holding up colored cards. He said the children consider this normal, and do not protest even though the practice lasts for hours without access to bathroom facilities and food. One audience member, Jung Sakong ’10, said he had lived his entire life in South Korea...