Word: mutuals
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...aware that American hubris and misjudgment - lots of both - have gotten us into the mess we're in. Yet at the same time, I must honestly say I'm proud of America's global achievements. Behind U.S. global expansion was an ideal of a world based on free enterprise, mutual prosperity and open societies. It was that ideal that brought my Holocaust-survivor grandparents through Ellis Island in 1949 in the hopes of rebuilding their lives and finding better opportunities for their 3-year-old daughter - my mother. These ideals have too often been trampled by greed or myopic self...
...ideas. One of their most striking findings—from a large study that began in 1948 in Framingham, Massachusetts—is that obesity is greatly determined by social networks (some other researchers have questioned this interpretation). According to Connected, “If a mutual friend becomes obese, it nearly triples a person’s risk of becoming obese.” Because of imitation and shared expectations called “norms,” even friends who are 1,000 miles away produce this strong effect. But don’t get ready...
...ideas. One of their most striking findings—from a large study that began in 1948 in Framingham, Massachusetts—is that obesity is greatly determined by social networks (some other researchers have questioned this interpretation). According to Connected, “If a mutual friend becomes obese, it nearly triples a person’s risk of becoming obese.” Because of imitation and shared expectations called “norms,” even friends who are 1,000 miles away produce this strong effect. But don’t get ready...
...Earlier this year, mutual-fund company T. Rowe Price tried to determine the optimum retiree portfolio - the mix of stocks and bonds that would produce the highest returns without the risk of the nest egg running out. To do this, the analysts ran something called a Monte Carlo simulation, which mimics the real-life ups and downs of the market. Most of the time, the market goes up slightly. But some years - ka-pow! - stocks and bonds do spectacularly poorly. What T. Rowe Price found should frustrate anyone who has spent time wondering if 25% of a portfolio should...
...described it as “a fabulous program” for his son with special needs, but also emphasized that the method is one of “mutual exchange” for all kinds of students...