Word: investor
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Dates: during 2000-2009
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Convexity will use a nontraditional compensation structure in which Meyer and his colleagues will only receive their 20 percent performance fee if they surpass one of seven benchmarks chosen by an investor, AFX News reported...
...People have been telling me that there?s a bubble, and that I?m crazy, since ?02,? says Muhlenkamp, a dyed-in-the-wool value investor whose Muhlenkamp Fund is one of the few that has outperformed the legendary Bill Miller at Legg Mason Value Trust over the past 15 years. ?As long as people think I?m crazy, I?ll own [these stocks]. That?s what keeps them cheap...
Summers said that an excess of investor enthusiasm in world financial markets can ultimately hamper development. “You could say that the main thing we have to fear is the lack of fear itself,” Summers said. CLOSING...
...investment advice. There?s been disclosures of $2,000 gift cards for directors and one sweetheart deal where a company spent millions leasing aircraft from its CEO?s privately owned firm. And as part of his effort to shake up management at Time Warner (parent company of Time.com), investor Carl Icahn has been railing of late against what he calls excessive perks at the media giant, most notably the five corporate planes used by top executives for both business and personal travel. A Time Warner spokesman notes that after the expected sale of one plane the fleet will have been...
...Tick Tock," by David Warsh at Economic Principals "Should Harvard University president Lawrence Summers travel this week to the World Economic Forum in Davos, Switzerland, as he usually does, he'll find that the hottest item in the snowy little Alpine village is the international edition of Institutional Investor — the one with the cover story, 'How Harvard Lost Russia: The inside story of what happened when the enormous power and resources of the United States government were put in the wrong hands.'" [Read the Institutional Investor story here...