Word: indexers
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...country's largest companies is still dominated by a relatively small number of men. A December review by Ernst & Young, for example, found that a mere 98 people control 43% of the voting power on the boards of the 40 companies comprising France's leading CAC 40 stock index. Not only that, but this dominant corporate core is nearly 80% French - a lopsided percentage, given that nearly 40% of the capital in those businesses is owned by foreign investors. And suggesting that the glass ceiling is still very much intact, the number of seats held by women...
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...
...health benefits that are even more stunning. Using data from previous clinical trials on salt intake and blood pressure, the researchers found that reducing sodium by 3 g per day would be as good for the heart as cutting tobacco use by half, lowering one's body mass index 5% or taking statin medications to lower cholesterol. Even more surprising, cutting salt by 3 g per day was as effective in reducing death rates among people with hypertension as taking medication to control blood pressure. (See the 10 worst fast-food meals...
Robertson's rationale is more than suspect, yet the differences between the two nations are undeniable. The U.N. ranks the Dominican Republic 90th out of 182 countries on its human-development index, which combines a variety of welfare measurements; Haiti comes in at 149th. In the Dominican Republic, average life expectancy is nearly 74 years. In Haiti, it's 61. You're substantially more likely to be able to read and write if you live in the eastern two-thirds of Hispaniola, and less likely to live on less than $1.25 a day. (See TIME's exclusive pictures from...
...study was actually two studies, both conducted by the Centers for Disease Control and Prevention (CDC). The first one, which focused on adults, surveyed 5,555 men and women age 20 and older, using their height and weight measurements to calculate what's known as body mass index (BMI). In general, people with a BMI of 25 to 29.9 are considered overweight, and those with a 30 or higher are obese...