Word: portfolio
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Dates: during 1950-1959
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...suite in New York. K. C. Wu kept silent, set up housekeeping in Evanston, Ill., and began lecturing to make his living. His wife did the cooking and he did the dishes. From time to time, he wrote Chiang, refuting the charges and offering his resignation as minister without portfolio. He got no reply. Finally, he was goaded into a statement; health was not his only reason for departing. "Will I go back? If the people on the top show evidence of really wanting to go truly for democracy, I will go back−of course...
Until recently few connoisseurs paid much attention to Kalighat painting (though Rudyard Kipling's father did buy 15 examples, which the son later presented without comment to the Victoria & Albert Museum). Fifty years ago anyone with half an eye, a few dollars and an old portfolio might have amassed a comprehensive collection of the art; today Kalighat pictures are hard to find...
Contrived & Documentary. That realism is not necessarily all is illustrated by the retrospective portfolio of photographs (see pp. 59-66). Of the twelve shown, at least half are contrived rather than documentary. Tana Hoban used a professional model for her sun-splashed shot of a little girl. Its lighting is reminiscent of the impressionistic paintings of Renoir et al., and its atmosphere is that of a powder puff. Aaron Siskind's closeup of peeling paint is not supposed to look like paint alone; it is a faintly sinister pattern reminiscent of easel pictures by the German surrealist Max Ernst...
...educational institutions (Maryknoll Fathers, the Salvation Army, Dartmouth and Pomona Colleges, etc.) have based their fund-raising programs on this. The giver can often choose a fixed annuity based on his gift alone, or a life income based on average earnings of the institution's entire investment portfolio. Example: a man gave $10,000 worth of stock to Princeton Theological Seminary, but the actual cost to him, because of tax savings, was only $4,268.49. During the next ten years, the stock increased in market value to $16,369, and the man received $6,629 in income payments...
...insurance, advertising, retail trade. Government bonds pay 8%, and even minimum-balance checking accounts pay 3%; many a small company makes its investment back in a year. "Business keeps doubling every year," brags one U.S. operator. "Friend of mine, worth maybe five or six million Bs, showed me his portfolio of stocks. All blue chips-stuff like electricity and beer-and paying 32% on what he put into them...