Word: investingations
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Shrewd investing, the Internet economy and a strong commodities market combine to create a record $4.8 billion surge in Harvard’s coffers, bringing the endowment to more than $19 billion.
David Alger ’66, whose approach to investing in stocks brought the mutual funds he managed to the top of the 1990s bull market, died in the collapse of the World Trade Center. He was 57.
As manager since 1995 of Fred Alger Management, Inc., he rejected the practice of value investing and its emphasis on underlying corporate values, instead relying on his own intricate analyses of future earnings potential. Under his leadership, the company went from managing $3 billion to $15 billion in assets and...
If Japan is on the mend due primarily to U.S.-led demand for exports, the country could be poised for more pain. For one thing, the yen has been strengthening against the dollar, making Japanese exports less of a bargain overseas. That caused the Bank of Japan to go on...
The Market’s owner, Greg Carr, who made his fortune investing in high-tech companies in the late ’80s and early ’90s, said he is dedicated to keeping the company in Harvard Square. He had originally hoped to rent a temporary space...