Word: investers
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...cable television and talk radio. Numerous sources in Hollywood and Washington tell TIME that Gore has been quietly sounding out potential financial backers for a cable television network. Separately, Gore has helped arrange meetings between key Hollywood figures and a wealthy Chicago couple who have publicly announced plans to invest $10 million in a liberal radio network...
Common wisdom holds that you should never invest in a stock mutual fund that has less than a three-year record--no matter how well the fund performed the previous year or two. Even a monkey throwing darts has a 50% shot at superior returns over one year, and the ape's odds of doing well over two years remain uncomfortably high. Do you really want to take the chance that your fund manager is nothing more than a lucky primate? Of course not. But you don't want to rule out potential winners either. New evidence suggests that young...
...keep outperforming its peers, according to Jonathan Berk, a business professor at the University of California, Berkeley, and Richard Green, a business professor at Carnegie Mellon University. Why? Investors inevitably flood a winning fund with cash until the manager runs out of ideas and can no longer invest as profitably as before. So it pays to get on board early...
...Yang Bin Flower-seed king, reportedly worth $900 million, was set to head a North Korean free-trade zone until Beijing accused him of invest-ment scams, fraud and bribery. Shares of his company have since fallen...
...last May, they reckoned she was a spent force after years of suppression. They dreamed too that her freedom would lead to an economic windfall, with the U.S. and the European Union lifting sanctions, the World Bank and International Monetary Fund extending rich loans and foreigners flocking to invest in Burma. "Than Shwe thought there would be rewards just for releasing her," says David Steinberg, a Burma expert at Georgetown University. Instead, Western nations kept calling for the freedom of 1,300 political prisoners and for democratic reforms that never came. Meanwhile, Suu Kyi drew unnervingly large crowds on trips...