Word: investment
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Dates: during 2000-2009
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...first experiment involved an anonymous game of trust. The 28 study participants were told they would be "receivers," with whom a group of anonymous "senders" had been instructed to invest money. Participants were told that each sender had been given $4 and told that any part of it invested with receivers would be tripled. The job of the receiver, then, was to decide what portion of the dividends to return to the sender...
...With the recent rebound of the stock market, Campbell says stocks are looking more attractive. And young people are in the best position to invest, he says, because their capital lies mostly in future earnings. On the other hand, most do not have the job security of a tenured professor. “I have one of the safest jobs you can have,” he admits...
...Most small biologics companies are still years away from seeing their first profits in this high-risk, high-return business. Their trade association, BIO, says that in the past 11 months, at least 40 of them have cut back or eliminated drug-development programs. The venture capitalists who invest in them "aren't looking to cure Parkinson's disease as much as they are looking for a return on their investments," says Greenwood. "They're just as happy to put their money into the next iPod." But increasingly, the big players in the pharmaceutical industry are moving into the biologics...
This weekend, the Boston Globe’s article on Harvard’s financial report suggested that the University’s decision to invest short-term cash alongside higher-risk endowment assets was unusual, and cited Stanford spokeswoman Lisa Lapin as saying that her school “wouldn’t take a cash account and invest it with the endowment...
...simplified view that the presence of our troops would set Afghanistan on the right track," Politburo member and former Foreign Minister Andrei Gromyko said in February 1987. "And now I would not bet a dime that they can create their own Afghan army, no matter how much resources we invest...