Word: ve
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Dates: during 2000-2009
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Edmund Phelps, a Nobel Prize - winning economist at Columbia University, thinks people should take something else into consideration: Do you really want the bulk of your wealth tied up in a single asset? As we've been reminded, real estate carries risks just like any other investment...
...other words, maybe the calculus of ownership should include a measure of enjoying ourselves at home - whether it's one we've rented or one we've bought...
...foreign-exchange salesmen and later in charge of all foreign-exchange business. Rubin, then on the firm's management committee and responsible for both risk arbitrage and J. Aron, had advised Winkelman against it. According to Charles Ellis' 2008 book about Goldman, The Partnership, Rubin told him, "We've never seen it work to put salespeople in charge of trading in other areas of the firm. Are you pretty sure of your analysis...
That uncertainty is translating into savings. But before you put yourself behind the wheel, ask two big questions: Should I get a new or a used car? And should I lease or buy? The experts' short answers are the same as they've always been: it depends on your finances, what you want from a vehicle and your number-crunching acuity...
...American art would have a more substantial presence in the department. “The first symptom of having tenure, for me, was driving around Cambridge and feeling like I belong here, which I never really felt before,” Roberts said. “I’ve put a huge investment in this department, particularly in building a program in American art because there really wasn’t one 20 years ago...and it’s nice to know now that I can continue to build on that in a more permanent...