Word: investers
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...worth of stock with just $1,000. Many thousands did, lured into the market by boosters like John J. Raskob, the stenographer turned entrepreneur who built the Empire State Building. "Everyone ought to be rich," he wrote in an exuberant Ladies' Home Journal article; anyone who could invest $15 a month, he declared, could eventually reap a profit of $80,000. A Harvard behavioral psychologist named John Watson even found therapeutic value in speculation. "Sex has become so free and abundant," he theorized, "that it no longer provides the thrill it once did." Gambling on Wall Street is about...
Representatives of anti-apartheid groups urged about 200 Cambridge residents Saturday to call on Cambridge not to invest in financial institutions that do business in South Africa...
...Senate has approved a tax credit of up to $300 for the purchase of conservation devices that will go into effect next year; the bill's scope should also be expanded to subsidize conservation for people who can't afford to invest any money in such efforts. There should also clearly be a major effort to direct public on-the-job training and employment programs towards the nation's energy needs. In addition, we must encourage a new emphasis on community-based conservation efforts already in place in scattered locales. In Fitchburg, Massachusetts, the town's leaers have united around...
...export market, the U.S. The costs of retooling plants to manufacture cars that meet U.S. standards will add about 20% to the sticker price and cut deeply into profit margins. Lamborghini, which makes only eight to ten cars a month, has already written off the U.S. market rather than invest the money required to meet its specifications. Maserati, which sends half of its output to the U.S., is waiting to see if its product has passed a pollution test in California, a state with the most stringent environmental rules in the U.S. Maserati Managing Director Alessandro De Tomaso is confident...
...This is a very good opportunity for Harvard to get some damn good stocks cheap," says Walter M. Cabot '55, president of Harvard Management Co., the University's private investment manager, which decides how to invest the nation's largest educational endowment...