Word: trader
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...being the smartest guy in the room--and generous enough to let you know it. Rubin, on the other hand, may actually have been the smartest guy in the room without letting anyone else know it. And right there is the difference between an academic and a bond trader...
Moreover, the actress seems to be leading as unglitzy a social life as a person can have when good friends include Natasha Richardson, Ewan McGregor (with whom she stars in the British film Rogue Trader, premiering in the U.S. on Cinemax next month) and Kate Moss. She's single and dating now and then, even though she finds American men somewhat inscrutable: "Men are wonderfully upfront here. But you go out, you have a lovely time, you're asked a lot of questions, and you don't know if the guy's ever going to call again." Following her nightly...
...kind of active trader who worries that your stocks might head south while you're out getting coffee? Help is on the way. Last week Fidelity and Bell South Wireless announced that those who trade at least 36 times a year will soon be able to check quotes and trade stocks on the go with a RIM two-way pager and Fidelity's new InstantBroker wireless service ($50 a month). Those who use standard pagers can also have updates and stock alerts sent their...
...Street greeted the air strikes right after the close of trading Wednesday with all the excitement of a mid-season basketball game, and Thursday is about the same. "There was absolutely no sense of real worry or panic when word started circulating in the markets yesterday," said one floor trader. "People on the trading floor were taking bets on what time the first air strike would occur." In fact, the markets were almost relieved by the bombing of Iraq, since it delayed an impeachment vote and has cast President Clinton in a strong leadership stance. Oil stocks that spiked sharply...
...bear this out: by some measures, half of America's households now invest, compared with only 16% in 1945, and mutual funds alone hold more of America's financial assets than banks do. Indeed, a strong argument can be made that the small investor, far more than the professional trader, is the true foundation upon which the modern bull market has been built...