Word: mutuals
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...papers and theses on absurdly narrow topics. In his short story “The Christian Roommates,” set at Harvard in the fifties, John Updike writes of the beginning of second semester: “Conversations go on and on; and an almost rapacious desire for mutual discovery possesses acquaintances.” Nowadays, a monomania this casual seems frivolous; the rapacious desire for mutual discovery remains, but we direct it towards our extracurricular activities...
...early as this summer, mutual-fund investors will see changes in shareholder reports. New rules from the Securities and Exchange Commission, which aim to make funds more accountable, require that fees, historically stated as a percentage of assets, appear as dollars for every $1,000 invested. The idea is to help investors comparison shop, but critics say the measures don't go far enough since a hypothetical $1,000 is not the actual amount invested. The SEC will also require funds to disclose their holdings four times a year instead of twice. --By Barbara Kiviat
These efforts look promising; nevertheless, they must be balanced with efforts to bridge the divisiveness between the straight and gay communities. By reaching out to all students and organizing open dialogues on sexuality, the tutors can spread knowledge, advance mutual understanding and ease tensions...
...Mark E. Zuckerberg ’06, as a third-party alternative to the long-awaited, much-hyped work in progress that is a universal Harvard facebook, offering a “personal network” where connections can be forged via classes, interests and, most powerfully of all, mutual friends...
Separate accounts are a lot like mutual funds. Different managers have different styles, from large-cap equity income to small-cap aggressive growth. There are also fixed-income separate accounts. Your cash is invested along the same lines as that of countless other separate-account holders, with one exception: you get to fine-tune. Maybe you have an issue with tobacco. Or you might want to avoid stocks of companies in the industry in which you work--so that if the entire sector crashes, you don't lose your investment along with your job. Just say the word, and your...