Word: investors
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Dates: during 1970-1979
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...point is not yet clear, it should be noted that oil is the largest American overseas investor. Jersey Standard derived 80 per cent of its crude oil from overseas production in 1959, and 75 per cent of its net income...
...University, in its role as initial investor, should strive fundamentally for maximum return," the report says...
...University in its role as initial investor, should strive fundamentally for maximum return. Not only would any other policy embark the University on uncharted seas; maximization of return is a matter of sheer necessity in this era of spiraling costs that may threaten the very existence of the private university as we know...
...Austin Committee also urged the establishment of a "fact-finder" to field recommendations on the "non-financial aspects of the University's role as investor." This official would seek out investments that "are financially competitive, yield extra social benefit as well, and are promising enough to cover the extra cost of the effort required to find them...
Pshaw. Convinced that blue chips have already had their fast runup, institutional investors are now concentrating on the vast mass of "secondary" issues. So far, the secondary issues into which the money is flowing are fairly good quality; brokers cannot yet see much sign of a speculative binge in low-priced and questionable stocks. Still, some of the old ebullience is returning. Market letters are full of advice to the investor on how to look for "bargains" among the many stocks that remain 50% or so below their peaks. The Dines Letter recently disdainfully dismissed any thought of conservatism...