Word: vanguardism
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Dates: during 1990-1999
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About 75% of the money in stock-index mutual funds is tied to the S&P 500. The biggest of those funds, the Vanguard Index 500, has $44 billion and is rapidly closing in on the nation's biggest stock fund, Fidelity Magellan ($58 billion), which is not an index fund. Stock-index mutual funds are only a small part of the story, though. Pension-fund managers have been indexing for two decades to ensure that they earn a market rate of return. They have some $600 billion to $700 billion tied...
Plans were formed at a gallop. Marion bought an empty Spanish Baptist church turned art gallery and hired New York architect Richard Gluckman, who was known for his design of the Warhol museum in Pittsburgh, Pa., and the site of SITE Santa Fe, an ambitious biennial exhibition of vanguard art that the Marions also helped fund. Not without a certain symmetry, if one's taste runs to icons of the Western spirit, Peter Hassrick, the former director of the Buffalo Bill Historical Center in Cody, Wyo., was hired to fill the same role at the O'Keeffe...
...villagers strode to the polls in San Andres Calpan, southeast of Mexico City, Bermeo, 21, rode up on a neon-colored bicycle. Wearing a fringed vest and oversize rainbow-colored sunglasses, he swaggered into a booth to mark the first ballot of his life--and step into the vanguard of a democratic revolution. No way, he said, would he vote for the authoritarian Institutional Revolutionary Party (P.R.I.), which has ruled Mexico virtually unchallenged since 1929. "Every week I have to go to Mexico City to find work because P.R.I. corruption has left this town with no money for jobs," Bermeo...
...small vanguard of disabled people left the site saddened, believing to a person that the monument seemed lifeless, lacking the heroic vibrancy of F.D.R. with his radiant smile, head back, steering himself into that destiny he saw beyond all adversity. "The essence of the man is missing," said wheelchair user Mike Deland, chairman of the National Organization on Disability...
Gomes quoted New England's First Fruits, a book written by an anonymous author during the mid-1600s to attract European investors to the colonial effort. "The Indians were to be the first fruits of a great general harvest," he said. "They were to be the vanguard of the reformation of the world...