Word: indexable
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...slightly disheveled—I can’t find much in it. But having the shelves filled in a coherent way keeps my intellectual life, and especially its history, visible and accessible. The library is for me a kind of proxy for an active memory—an index, and a geography that enables me to keep a great deal of what I have read and thought in a form that is alive and ready at hand...
...Rubin-Summers treasury team will long be remembered as a really imaginative and creative,” Rogoff says. Together, the two introduced the inflation index as a measure of the country’s economic health and engineered “mundane and archaic ways of raising money, reducing debt and lowering interest costs. They really ruled the roost in the Clinton administration...
...That’s the whole point of active fund management. If we just wanted to match the market, we could do that with an index fund,” Meyer says...
...reached showrooms billed as a rugged and reliable family vehicle--a report noted that the SUV prototype "demonstrated a rollover response ... with a number of tire, tire-pressure [and] suspension configurations." Another report noted that the Explorer's "relatively high engine position ... prevents further significant improvement in the Stability Index [a measure of resistance to tipping] without extensive suspension, frame and sheet-metal revisions," which the company rejected...
...investors who like instruments traded in real time. For them, the likes of Barclays Global Investors, State Street Global Advisors, Merrill Lynch and the Bank of New York are looking into adding exchange-traded funds to retirement-plan options. These hybrid instruments track indices the way an index fund does--you own the whole market--yet they can be traded like a stock. David Blitzer, Standard & Poor's chief investment strategist, recommends them for 401(k)s because they're easy to understand and offer diversification and low cost...