Word: marketing
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...editor of the Wichita Eagle, was a stringer cor respondent for TIME before going to full time in 1955 as Toronto bureau chief. In Toronto Gart got his intro duction to finance by covering the frenzied Toronto Stock Exchange and its volatile penny stocks. He also got his first market blooding (he lost $4.98). Back in his native Boston, Gart got a different view of finance in the tradition-laden world of M.I.T. He learned a lot about mutual funds, but little about the bonus : some hot tips on the stock market. Only at the very end did M.I.T...
...with the help of his thrifty wife. One day in 1950 Benny Hall grew restless, excited, preoccupied. For a week or so afterward, at breakfast he riffled distractedly through the back pages of his morning newspaper. Finally he confessed to his wife:"I'm interested in the stock market...
...chance to make a profit with a minimum of risk and worry. The investor entrusts his money to an organization that invests it in dozens-sometimes hundreds-of U.S. companies, spreading his risk as wide as the economy. Even more important, he also buys savvy in the stock market, letting the fund managers do his buying and selling for him. Says a St. Louis businessman who gave up making his own investments: "I'm going to stop worrying about stocks and take life easy. Let those boys...
...confidence in the entire industry. When M.I.T. was founded in 1924, it startled the financial world with a brand new idea. Until then, the investment field had been dominated by "closed-end" investment companies; they sold a specific number of their own shares that were traded in the open market, concentrated on quick profits. M.I.T. shunned the lure of the fast profit, concentrated on long-term gains. More important, it threw out the closed-end idea by continually selling shares to anyone who wanted to buy, redeeming them when anyone wanted out at the net asset value per share...
...military alliances, and foreign troops would not be allowed on German soil. This plan should certainly appeal to the West: militarily, Germany would be willing and able to defend itself; politically and economically, the extremely hopeful post-war developments of the Franco-German rapprochement and the European Common Market could be preserved; Germany, legally forbidden to enter NATO, would be none-the less committed in principle to the Western point-of-view...