Word: riding
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...lose an extra $2 billion. And if the market moves an extra 5% you lose an extra $10 or $15 billion. All the metrics have the effect of underestimating the impact of the possibility of very large deviations. In other words it tells you how uncomfortable the plane ride is going to be, but tells you nothing about the crash...
...think you've been on a roller coaster ride watching your brokerage account, spend some time with the professional traders, platform operators, and stock exchange executives who deal with stock prices on a minute-by-minute basis. At Thursday's volatility conference, held at City University of New York's Baruch College, some of the people closest to the market swapped stories of operating in such a harried environment. "Everything happens so quickly now, you don't have time to digest it," said Tim Mahoney, CEO of Bids Trading, an order execution firm, speaking from the dais. "I'm grateful...
...biggest changes is to be found in Bursa, a 90-minute boat ride from Istanbul across the Marmara Sea. Just outside the old town is a sprawling Renault plant that dates back almost four decades. During the first years of its operation, the factory produced small cars for the Turkish domestic market - models that were already at the end of their life in Western Europe. But since 2000, Renault has used the Turkish plant as a significant export hub. It makes Renault's Mégane and Clio cars there for the rest of Europe, and has been upgrading...
...still intent on becoming a mile-higher, there's always Mile High Atlanta, a charter-plane company that takes couples on sex flights. For $379, you can hire a tiny Piper propeller plane outfitted with a mattress, a bottle of champagne and an extremely discreet pilot. The ride lasts an hour and, not that you'll notice, flies you over the gloriously rural west Georgia countryside...
...competing in the 2004 Head of the Charles Regatta, Overington stayed in Cambridge for a few extra days, surveying the campus and Newell Boathouse. Although he enjoyed the classes he visited and the Cambridge atmosphere during the recruiting trip, it wasn’t until after he took a ride in head coach Charley Butt’s launch during a practice that Overington made up his mind about attending Harvard. “When I went out in the launch, I was really impressed by how the practices were organized and the high quality of the team...