Word: markets
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Harvard’s 13-F filing last quarter indicated that the University had returned to the stock market after selling off large portions of its stock holdings during last year’s recession, but this latest filing shows that Harvard money managers have reduced their exposure to the stock market in the quarter ending March...
...things wrong (even dramatically wrong). No one denies that we need to better understand and communicate the limitations of data, that it is crucial to guard against unjustified trust in our preferred models (perhaps the author forgets that before the crisis, there were plenty of critics of the efficient market hypothesis who were using data and simulation to predict pathological behavior in asset markets). But a data-driven, formal approach to making policy decisions is quite frankly the best we can do and therefore essential. “Embracing uncertainty” and abandoning mathematical models, while assuming that human...
...bank, in both cases increasing risk and causing difficulties for regulators. It is smarter to keep derivatives trading within the major banks and impose tougher oversight and regulation on these institutions than to spin off the derivatives trading to where we can neither regulate nor examine the market...
Schoenhof’s Foreign Books first opened in downtown Boston in 1856, when a market-savvy German immigrant recognized a demand for French and German books. The business transferred ownership internally several times within the next 80 years. Poor management and the 1930s financial crisis booted the store out of Boston and forced it to move to its current location on Mount Auburn Street in Cambridge...
Harvest Co-op Market is a must-see for any fan of organic foods. This local establishment sells locally-produced and fair trade products to the public as a not-for-profit enterprise. Check out their website www.harvestcoop.com for monthly specials and sales (avocados for 99 cents each until...