Word: spallanzani
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...most ETFs only mirror a market index, such as the S&P 500, they won't outperform the index. But increasingly, investors see that outperformance quest as more of a pipe dream. "Only 20% of [mutual-fund] portfolio managers actually beat the index that they're tracking," says John Spallanzani, director of ETF sales and strategy at GFI Group. "So if you put your money in an ETF, you're basically beating 80% of the mutual-fund managers out there." ETFs are also more liquid than mutual funds, because they can be bought, sold or shorted throughout the trading...
...until 1949 was his leprosy diagnosed. Then the police, rigidly following Italy's medievally strict leprosy laws, threw him into Rome's Lazzaretto Lazaro Spallanzani.* Though he was repeatedly certified "noncontagious and innocuous," it took Orano months to get away to France with his wife Giulia, a former nurse. But after six years of campaigning against the "vilest humiliations" and "unreasoning, medieval terror of leprosy," Orano was finally locked up by the French. So back he went to Rome...
Decay & Disorder. In a flurry of understanding, Rome gave Orano a hero's welcome, with gifts of a TV set. books and money, and promises of special consideration in the Lazzaretto Spallanzani. (Despite intensive treatment in France with sulfone drugs, the once powerful Orano was by this time gnarled and weakened, his handsome face disfigured, his blue eyes clouded.) But the promises were soon forgotten. Roman bureaucrats enforced the letter of antiquated Italian law. They let the faithful Giulia live with him in an isolated cottage (he is the only leprosy victim in Spallanzani), forced her to take full...
...Lazzaretto, from Lazarus, an isolation hospital; named for Microbe Hunter Lazaro Spallanzani...
Dehydration of animal life has long intrigued scientists. As early as 1776, an Italian, Abbe Spallanzani dried out microscopic rotifera and tardigrada, then brought them to life with water. But Spallanzani worried about the souls of his tiny experimental animals. Were they reborn or did entirely new souls develop after dehydration? He took his problems to caustic French Philosopher Voltaire, but got little help. If the rotifera and tardigrada regained life, Voltaire could see no reason why they should not acquire new souls. "The only thing I am really curious about," said he, "is, why does the Great Being grant...