Investing for the Double Bottom Line

Top-Down Versus Bottom-Up Investing

in a world market where there are tens of thousands of stocks and hundreds of thousands of corporate bonds and other fixed-income securities, it is next to impossible for individual investors who have other things to do to figure out what to buy and what to sell. instead, we buy accounts and funds managed by investment professionals. how do professional investment managers form portfolios of se...

The bottom line.

The bottom line

In the springtime, young men’s thoughts turn to love, but old men begin to contemplate retirement. I have lost count now, but this spring will be either the fourth or fifth time I will have retired and I am now looking forward to the next things I want to do. When I was in my fifties, twenty years ago, I was worried about retirement, having seen what happened to people I knew when they were tos...

The bottom line.

An annual investment of $92 billion for highways and bridges, between 2004 and 2009, is necessary to maintain the physical condition and performance characteristics of the system. An annual investment of $125.6 billion for highways and bridges is necessary to improve the physical condition and performance characteristics of the system over 20 years. An annual capital investment of $19 billion i...

The bottom line for U.S. life scientists.

395 A lthough physicists, chemists, and engineers have long had their own salary surveys, no one until recently has tried to keep tabs on the sprawling biological research community. This summer the American Association for the Advancement of Science (AAAS), which publishes Science, filled that gap with the first-ever salary survey of its 70,000 life sciences members in the United States. Membe...