Word: mutuals
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Dates: during 2000-2009
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HEDGE FUNDS Like mutual funds, hedge funds are pooled investments, primarily in publicly traded securities. But they're generally more aggressive, employing riskier strategies such as trading options and selling short. Once the province of multimillionaires, some new hedge-fund pools, like Rydex's SPhinX, are available for initial investments...
...necessarily the neighbor who used his home equity to leverage into a second home, which promptly doubled in value. We all have one of those lucky neighbors, and that?s an impressive result, for sure. But it doesn?t come close to the real estate home run that mutual fund manager Ron Muhlenkamp hit. He wasn?t buying homes before they took off; he was buying the stocks of companies that build them. Since he jumped into housing stocks in 1999-2000, his favorites have increased sevenfold and-pay attention-Muhlenkamp is still buying...
...first extensive interview since announcing his decision to step down one week ago, Dean of the Faculty William C. Kirby today called his resignation a “mutual decision” reached by himself and University President Lawrence H. Summers...
Summers said, though, that he did discuss Kirby’s decision with him prior to his resignation. “Any decision like this is a mutual one,” Summers said...
...think we had common objectives. There were certainly moments when there were differences in view, certainly at some point there were tensions,” Summers said. “But I think it...is a relationship based on mutual respect...