Word: offsets
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Dates: during 1990-1999
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Markowitz, 63, showed that investors fared best when they purchased a wide * range of stocks, bonds and other assets, because the risks in a diversified portfolio tended to offset one another. That insight made Markowitz the intellectual father of the mutual-fund industry. Sharpe, 56, demonstrated that the risks and rewards of holding an asset like stock are linked to its volatility in relation to the rest of the market. For example, highly volatile stocks are the biggest winners in bull markets but suffer the heaviest losses in downturns. Sharpe has cashed in on his insights, running an investment advisory...
...will be a quick one. In an unusual proceeding that began last week, federal Judge Kimba Wood will hear evidence about some of the 92 charges Milken did not admit when he pleaded guilty to six felony counts of securities fraud and other crimes. Prosecutors hope to offset the efforts of Milken's lawyers to cite his philanthropic activities as grounds for a lenient sentence. Milken, 44, could be given anything from community service to 28 years in prison...
...glasses give him a scholarly look, partially offset by the sweat pants, T shirt and basketball shoes he favors when not onstage. He speaks softly, occasionally offering an impish smile or raising his eyebrows to make a point. He sips hot tea as he talks. Like most of today's young players, he stays away from alcohol, cigarettes and drugs...
Make purposeful use of capitals,underlining, positioning, and spacing. If youuse a typed resume, have it reproduced byphoto-offset. Beware of using too small type orreducing a typed resume, as you may also reduceyour readership. Use white or ecru paper withmatching envelopes and paper for your coverletters. Don't use bright-colored paper--it willovershadow your message and is more likely to landin the waste basket...
...most American refiners can only process low-sulfur "sweet" crudes. The bottom line for consumers? They will face higher prices, just what this rigamarole was supposed to prevent. The big refiners will ratchet up prices to pay for the extra refining, and the smaller refiners will raise prices to offset the loss of business...