Word: investments
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Dates: during 2000-2009
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...What's surprising about Trung is not his profit projections-just about everyone is giddy about Vietnamese investments these days-but where he's making his money. While the nation's fledgling official bourses in Hanoi and Ho Chi Minh City are surging, Trung and many other local punters prefer to invest where the action is even headier: he typically trades in an unsanctioned market composed of websites and Internet chat rooms frequented by thousands of investors who swap unlisted shares of partially privatized Vietnamese companies. Participants call this the over-the-counter (OTC) market, a reference to exchanges abroad...
...coming years, this shift to a culture of consumption can be counted on to boost Chinese imports, contributing to more balanced global trade and putting Messrs. Paulson and Bernanke more at ease. Meanwhile, the aspirations of Chinese to improve their living standards, seek better education for their children, invest their growing wealth in new ways and savor a more worldly lifestyle will present huge opportunities for companies nimble enough to take advantage of this profound cultural change...
Princeton, on the other hand, decided to divest from both types of holdings. The school announced last June—well before divestment campaigns were focused on indirect holdings—that it would no longer invest “directly or indirectly [in companies] sponsoring, committing or allowing genocide” in Darfur...
...task forces’ $50 million proposal were tutoring centers and summer research programs for female and male undergraduates interested in the hard sciences. When Summers’ ill-considered remarks created the opportunity for task force members to advance their own prerogatives, Faust shrewdly seized the moment to invest heavily in undergrad education for both sexes...
...Whole Foods in Manhattan’s Union Square. Despite the dubious glances from the cashier, whose excessively painted eyes seemed to anticipate the impending stomach cramps and the ogling from assorted overweight New Yorkers who licked their lips in jealousy, I proudly did my part to invest in Snickers’ future success. Still, it might surprise you to know that I am patronizing Snickers despite being...