Swensen says investors should invest in market-based index funds, not absolute return strategies.
The bad news, however, is that it is not absolute proof against infection.
Among many things, the behaviourists have found that it is relative, not absolute wealth, that matters most to people.
The Constitution gives the Senate wide powers to determine who can be seated in the chamber, but the authority is not absolute.
Morgan Stanley has abandoned its system of buy and (rarely) sell recommendations for a set of ratings that offer only relative, not absolute advice.
But, what investors really need to be concerned about is not absolute levels of pay, but rather the correlation between executive pay and shareholder value.
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However, it must be realized that these limitations are not absolute.
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The right to family life is not absolute (unlike the right not to be tortured) but may yield in the public interest, including safety and economic well-being.
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What gives a particularly sharp edge to the debate in this country is the claim that it is relative poverty, not absolute poverty, which has led to this deterioration.
The free-speech rights of 501(c)(4)s, however, are not absolute.
"Not absolute control, " Richard finishes, a habit of theirs.
He played in an era in which many if not most of the top players have admitted to using performance enhancing drugs and there are reasonable suspicions, if not absolute proof, that he did so too.
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Humans, being humans, tend to judge things by comparison with recent experience, not by absolute standards.
The Republicans objection to tax rises is well known, but may not be absolute.
"As much as I wish it were, safety is not an absolute, " Nield pointed out.
In recent years, Perry has taken a much harder line on revenues but not an absolute one.
According to JP Morgan, the problem is not the absolute price level but the speed of the rise.
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The sharp increase in this sort of household therefore reflects an increase in inequality, not in absolute poverty.
Mr Morsi has achieved not an absolute triumph but rather a reshaping of an existing deal with the army.
Perhaps each society's richer people are also happier because happiness comes not from absolute wealth but from relative wealth--recall H.
And so now the most important issue is not just absolute electric demand, but that the character of demand is changing.
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What matters to your sense of well-being, happiometricians conclude, is not your absolute circumstances but how you stack up against the neighbors.
The answer of course is complicated, and is certainly not an absolute.
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The Majority tells us, however, that this method is not an absolute.
This implies that a creditors primary concern is not the absolute safety of a bond or other credit instrument, but its relative safety.
Armed guards, too, are not an absolute solution either, said the National Education Association, an influential teachers' union with 3 million members.
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