Word: 1980s
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...Your article on the sharp corp., Japan's hottest electronics firm, and its president, Katsuhiko Machida, showed that slow and steady wins the race [May 9]. That's exactly how Machida overtook Sharp's rivals Sony, Matsushita and Samsung. When Machida was running Sharp's television business in the 1980s, the company was struggling, and most people knew nothing about him. But when Sharp brought its liquid-crystal-display TVs to the global market, it began making record profits. To be the best, a company has to have sound knowledge about market demand, design and manufacturing - plus technological strengths. Machida...
This stealthy approach to quality control got its start in the late 1980s, mainly in the restaurant and retail businesses. There's even a trade group, the Mystery Shoppers Providers Association (MSPA), representing about 1 million secret shoppers and 150 member companies with names like Guest Check and Service Sleuth. The hospitality industry is new turf for these shopping-mall snoops, and increasingly, secret shoppers like Pokodner have become secret travelers, checking up on the world's vacation spots...
...Avenue International Value Fund. Indeed, there's no more reliable way of earning dismal long-term returns than betting on what's hot. Consider some of the many ill-fated outbreaks of investor madness that have gripped Asia in recent decades: the giddiness over Japanese stocks in the late 1980s, the Hong Kong property bubble of the 1990s, euphoria over Chinese red chips in 1996-97, and the mad rise of Thai banking stocks before the carnage of the 1997-98 Asian financial crisis. Today, as always, there are pockets of mania that could well end in mayhem?from...
...Courts believe that the suit could have been brought in the 1980s, and we believe it could not have been brought until after the evidence was first fully discovered,” he wrote, referring to a 2001 report by an Oklahoma commission that investigated the riots...
...Levitt’s most famous papers—on the link between legalized abortion and crime reduction—generated a torrent of indignant criticism that perhaps Summers would be familiar with. In the early 1980s, crime rates reached an all time high—and then dramatically dropped. One explanation for the drop, argues Levitt, is that the legalization of abortion in the 1970s kept a whole generation of unwanted babies from being born—babies who could have grown into a generation of street criminals 15 to 20 years later. Sounds like a pretty edgy hypothesis...