Word: caps
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Dates: during 2000-2009
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Modern tech funds--devoted to Silicon Valley--didn't spring up until the '80s, when tech was more than 10% of the S&P 500 market cap and on its way to 30% by 1999. (Today it is 19%.) Four of the five oldest post-1980 tech funds (see chart) have generated market-beating returns since inception. They have also consistently outperformed on a rolling five-year basis since the late '80s. For example, the oldest of the modern funds, Fidelity Select Technology, has whipped the S&P 500 and Russell 2000 in every five-year period since...
...Plus, I really appreciate how the Fenway vendors let you keep the bottle cap when you buy a Coke. (At Shea, they take it from you, ostensibly hoping that you will spill the Coke or drink it faster and have to come back to buy another one.) As I am spending this summer in Cambridge, I plan to come back to Fenway for at least one more game, and maybe—just maybe—I will join in a couple of “Yankees suck!” choruses. Just don't ask me to explain them...
...Republican measure, sponsored by Bill Frist, Democrat John Breaux and Independent Jim Jeffords (and backed by the White House) sets up an extensive appeals process to weed out frivolous lawsuits. It also limits suits to the federal system and puts a $500,000 cap on damages. Republicans argue the Democrats' bill would leave health plans open to catastrophic legal costs and raise the price of insurance premiums, forcing employers to drop coverage. In the end, the White House argues, the unlimited-damages approach could leave millions of Americans without insurance. (Democrats contend their plan would cost just 37 cents...
...critical to the Republican version to cap federal court damages at $500,000? And why does the GOP version keep suits out of state courts...
Without a cap on non-economic damages we?d be creating an economic windfall for trial lawyers, who keep 40 percent of awards for themselves. It should come as no surprise that the nation?s trial lawyers are pushing for the Kennedy-Edwards bill regardless of its impact on the cost of health care for working families. We also prefer to keep those cases in federal court, where they are currently heard, as opposed to subjecting plans to 50 widely varying interpretations of law that would further drive up costs to Americans...