Word: stocksã
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...Campbell avoids stocks??€”not his expertise, he says—and focuses on less risky assets. His conservative strategy dates back to the mid-90s, when he says he and his Yale adviser Robert J. Shiller predicted that the booming market would cool...
...today’s monthly Faculty meeting, a handful of anti-war professors are expected to ask the Harvard Management Corporation, responsible for managing the University’s endowment, to divest from domestic defense sector stocks??€”which currently make up 0.5 percent of its endowment. To withdraw all assets from a company is, as activists are well aware, a strong symbolic statement, and as such, Harvard should not divest from an industry at just the slightest hint of moral ambiguity. For the defense industry, the case for divestment cannot be convincingly made...
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