Word: pros
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Dates: during 2000-2009
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...that we were given that we had to modify,” said Organismic and Evolutionary Biology Professor David A. Haig, who added he would have preferred to see a distribution requirement. “I thought there was never any real serious bit of philosophical discussions of the pros and cons of different forms of general education...
...Deciding to be a member of a club sports team has its definite pros and cons. There is a greater degree of freedom to choose which tournaments to participate in and a lesser time commitment than varsity athletics; however, funding is limited and access to most Harvard athletic amenities is strictly prohibited...
...bonds are mostly in the hands of large, sophisticated institutional investors - pension funds, insurance companies, mutual funds. It may be too much to ask small depositors to monitor the risks at the banks where they put their money and pay for getting it wrong. But these bond buyers are pros. If there is to be any market discipline of risk-taking by banks, bond investors ought to be the ones who enforce it by withholding their cash from the bad apples - and paying the price for misjudgments. Plus, a few concessions from creditors could ease the burden on taxpayers dramatically...
...people in power can guard against this is to place themselves into a deliberative mind-set, focusing on the pros and cons," says Fast. "This takes a great deal of discipline, however, as the tendency after taking power is to move straight to action...
What's the psychology in the professional investment community now? Are the pros as scared as the general public? Everyone is maximum conservative. The amount of money in money market funds is about half the aggregate value of the S&P 500. That's an unbelievable ratio. Even in hedge funds, which are ordinarily leveraged [i.e., more than 100% invested], they are now less than 100% invested, in some cases less than 50% invested. So everyone is maximum defensive, which is basically good news because if the fundamentals turn, there's plenty of cash to get the market going...