Word: peaking
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...comes the hangover. Funds launched in 2005 and 2006, which invested most of their capital at the market peak, will struggle ever to turn a profit. But research firm Preqin reports that of $2.5 trillion in private-equity assets worldwide at the end of 2008, $1 trillion was "dry powder" - cash that hadn't been invested. There are lots of cheap companies out there, and private-equity firms with cash on hand will surely hit a few home runs with investments made in the coming years...
...Hazards of Love” track, the first act progresses into bombastic power chords as Margaret enters the treacherous forest. The second act adds a reprise of “The Hazards of Love” through the eyes of her love William. The album reaches a peak with “The Wanting Comes in Waves/Repaid,” as William is confronted by the evil queen. Using the leitmotifs from the previous songs, the later half of the album describes the rake character and the abduction of Margaret until she and her lover find peace in death...
...About seven years after Microsoft's stock hit an all-time high, Google traded at $747, its peak. It now changes hands at $348, and if the company's sales can only grow at 10% or 15%, the stock is not going back above $700, ever. The myth about companies like Microsoft and Google is that what they do is so important to business and consumers and so pervasive that the growth curve never flattens out. It does flatten at every company. No exceptions...
...going to have to adapt to a new economic reality,” Shore said. “The question is, how do you start to get back to a more sustainable place?” Since the endowment fell 22 percent in four months last year from its peak value of $36.9 billion, University President Drew G. Faust has repeatedly stated that the University estimates a 30 percent decline in endowment value by June 30. The Corporation—Harvard’s highest governing body—adjusts the payout rate each year according to endowment returns, ensuring...
...preferences. There's a reason everyone wants to eat in Quincy. Its proximity to the yard, sensible servery, and its bright and open feel make it one of the most popular dining spots on campus. The floor-to-ceiling windows satisfy naturalists and voyeurs alike. But severe overcrowding during peak hours, coupled with the unattractive and indecipherable mural (unlike Leverett, you actually can forget that its there), keep it from entering the dining hall pantheon with Dunster. Just a few weeks ago, the People’s House finally lowered the iron curtain, and purged the freshman from dining...