Word: indexation
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...similar shift in thinking is occurring among weight-loss researchers. For years, their best measure for how dangerous excess weight could be was body mass index (BMI), a formula that combined height and weight. A high BMI meant that you were carrying too much body mass for your height, putting you at risk of developing diabetes, hypertension, heart disease or stroke. The problem, as physicians quickly found out, was that body mass includes not just excess body fat but muscle as well. So fit people with dense muscle mass would consistently register as overweight and unhealthy. That led Dr. Jean...
...twin drivers of our age: globalization and technology. The economy has doubled in size in 15 years, foreign direct investment is 40 times what it was in 1991, and India now has several world-class conglomerates. And there are 70,000 millionaires in India, celebrating a stock index that has tripled in three years. But in a country of 1.1 billion people, where 800 million earn $2 a day or less, the Naxal movement shows that members-only progress can spur a deep sense of injustice. Economic growth of 7-8% sounds pretty good until you realize it means just...
Also, TIPS can offer a false sense of security, says Jim Ludwick, a fee-only financial adviser in Odenton, Md. The inflation adjustment is pegged to the Consumer Price Index, which he believes understates true cost-of-living increases. Says Ludwick: "This is a product for people who don't want to risk losing money...
...admissions office gives basketball the most help it can (and questions of rifts after the huge nine-person entry class of 2002-2003 seem to have been answered with the six-person entry class this year). But faced with a higher Academic Index requirement than the rest of the Ivies, in addition to Harvard’s traditionally strong commitment to its hockey program, there is a limit to the flexibility that admissions has with regard to basketball recruits...
...Wall Street. Large-cap companies (generally defined as those with a market capitalization, or value, of more than $10 billion) have been all but forgotten. The S&P 500 (big firms) is down 13% since the end of 1999. Yet since then, the S&P small-cap index is up a breathtaking...