Word: indexation
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Dates: during 2000-2009
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Barro’s amendment specified that the council could not ask for an fee increase greater than inflation as indicated by the Consumer Price Index...
Teddy E. Chestnut ’06 questioned why Barro chose the CPI as opposed to another index such as the Gross Domestic Product Deflator or the Higher Education Price Index...
...council eventually voted to remove the specificity and leave the index choice up to the College administration...
Using some complex math, Page and Brin figured out how to index and rank websites in the order of how often they were linked to--and to return search results in that order. The two were so certain of their idea's merits that they quit school to start a company. Their business naivete was a plus, helping them avoid many common mistakes of the dotcom age. For instance, the site went live before Page and Brin had thought to hire a webmaster. So while search giants like Yahoo were filling their home pages with news headlines, stock quotes...
Fifteen percent of the money in equity mutual funds--nearly $600 billion--is invested in low-cost index funds. Investors have one man to thank for making that option available to them: Jack Bogle, founder of the Vanguard mutual fund group and creator of the first index fund in 1975. Bogle's genius was to recognize that most investors--including the managers of mutual funds--underperform the market. Factor in the transaction and management fees imposed by traditional mutual funds, and investors fall even further behind the market. Bogle's simple idea was to create a fund that would track...