Word: investor
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Dates: during 2000-2009
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Picking up on the meteorological theme, at left: mutual-fund investors can be a fair-weather bunch too, withdrawing and reinvesting money along with the market's ups and downs. Problem is, they often act at the wrong time and make less than they would have if they had done nothing at all. While the S&P 500 returned an annualized 12.2% from 1984 through 2002, the average stock-fund investor saw a meager 2.6% yearly gain--which didn't even outpace inflation (ringing in at 3.1%), according to a recent study by Boston research firm Dalbar Inc. The reason...
...billionaire Platon Lebedev, in prison pending an investigation into embezzlement charges. Reflecting the growing concern in business circles about the case, Prime Minister Mikhail Kasyanov said those accused of economic crimes should not be held in preventive custody, and added that the case "harms the country's image and investor sentiment." President Vladimir Putin has remained silent throughout the affair. Linked: Going For The Oligarchs Al-Qaeda Bust SAUDI ARABIA The government announced the capture of 16 al-Qaeda suspects and the seizure of an arsenal of weapons, including antitank launchers, rockets and more than 20 tons of chemical substances...
...mutineers backed down, it's hard to see Arroyo as a clear victor. The mutiny was a painful black eye for the economist-turned-president on the weekend before her final State of the Nation address on Monday. Government officials fear that the biggest blow could be to investor sentiment towards the economy. "This is really destructive for the image of the country," complains Trade Secretary Mar Roxas. And that's the last thing the Philippines needs...
...studying applications and systems software. As Oracle's new executive vice president, he will draw on that customer perspective--and on 17 years as an industry analyst, most recently at Morgan Stanley. Phillips has been more bullish on Oracle's stock than most, but he was heralded by Institutional Investor as the sector's top analyst nine years in a row. At Oracle, he will keep up his industry contacts (read: customers and competitors) and help shape strategy...
...Karachi Stock Exchange, insider trading is commonplace and conflict of interest is rife. Some of the exchange's board members are also leading brokers, and they are able to change regulations overnight to bankrupt an outsider trying to deal in a company's shares. Brokers sometimes vanish with their investors' portfolios, and no investor has ever won a case against a crooked dealer...