Word: smalleness
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...choose larger ETFs over smaller start-up ones, especially when it comes to global and emerging-market funds. Unlike mutual funds, investors face price spreads when buying and selling ETFs, and these spreads can be quite wide - spanning several percentage points in some cases - when the ETF is small or its underlying stocks don't trade much...
...facts about life at Harvard, ranging from the dreary New England weather to the fact that some of your TFs this semester might not speak understandable English. And new classes mean that, once again, we will each have to spend a sum of cash that could probably feed a small Third World community for a year on textbooks that we'll never look at again once the semester has ended...
...favor of GM, Fiat and the United Auto Workers. At the same time, Stevens' picture of corporate fat cats oppressing the little guy ignores the revolution in campaign finance and communications that is being wrought by the Internet. Viable candidacies can now be launched overnight by the enthusiasm of small donors. Times have never been better for a candidate who manages to fire the interest of grass-roots voters...
...words, but direct competition can be deadly. That's a lesson Southeast Asia's companies are braced to learn as Chinese manufacturers loom ever larger on their doorstep, unfettered by the duties and tariffs that before Jan. 1, when the free-trade agreement kicked in, gave local businessmen a small measure of protection...
...businesses like Yap's ornamental-fish-breeding company - a nimble, small-to-medium-size specialized enterprise that trades with China but does not directly compete with Chinese companies - that stand to benefit the most from unfettered access to China's one billion customers. Sixty percent of the world's supply of ornamental fish comes from Southeast Asia, whose warmer waters and diverse aquatic eco-system has given it a competitive advantage that China cannot easily wrest away. A fully grown dragonfish, which Yap says aspiring Chinese businessmen gravitate to, can fetch up to $20,000 - each. Producing the fish...