Word: riskã
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Dates: during 2001-2001
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...Nobody in the administration intended to back this, to stand behind it and say, ‘It’s going to be risky’—and everything has risk??‘but I think this is something that’s good for the students and good for Harvard University.’...That’s a shame, because you have a beautiful venue you use about six times a year for football games,” he said...
None of these concerns seemed reasonable last August, because the market was still shrouded in invincibility. But now the blue sky is falling. Americans are finding it easier to understand what the “risk?? means in “risk-return”—and harder to see why what many economists described as a “historical mispricing” was expected to last forever...