11.   But it is not clear that the Fidelity funds with an oversized chunk of technology stocks have rewarded investors for their risk.

12.   Buying back shares rewards investors by helping to raise stock prices.

13.   Drug companies adamantly oppose price controls, saying they would choke off the revenues needed to finance research and reward investors.

14.   For optimists, there are examples of companies which have skirted bankruptcy and come back to reward investors with rising shares afterwards.

15.   His investors have been rewarded.

16.   In a stock market as efficient as ours, investors are for the most part rewarded only for taking unavoidable risks.

17.   In the process, they are rewarding their investors.

18.   Instead, the market has rewarded investors who buy larger companies and who adhere to the value style of investing, which prefers low valuations to earnings growth.

19.   Investors are initially rewarded beyond their wildest dreams, but those rewards could eventually be wiped out by a worker backlash.

20.   It is well to remember that investments in transforming technologies have not always rewarded investors.