Word: cheaping
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Dates: during 2000-2009
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Many in the audience left bearing copies of Adria's new book, A Day at elBulli, not cheap at $49.95. Others had brought with them the even heavier volumes of his earlier cookbooks ($400 a pop) to be signed. One young man wanted Adria's autograph on the handle of a kitchen knife (the blade was safely wrapped in plastic); a woman left a sample of her porcini sauce for Adria's kitchen to experiment with. (Adria's wife Isabel worried about flying the tiny vial of liquid back to Spain). A couple of people on line for autographs whispered...
...Treasuries or consider the neck-wrenching yields now available in other sectors? Notes money manager Hartman: "From a relative-value standpoint, bonds offer an unusual investment opportunity" that he expects to pay off once the housing market bottoms and the financial outlook improves. "Investment-grade corporate bonds are very cheap, and high-yield bonds similarly offer great value at these levels," he says. Treasury bonds on the other hand, are widely viewed as overvalued on the basis of what can only be characterized as the Armageddon-anxiety rally of the past few months. They could wallop investors with losses should...
...World War II soldiers, poverty and a palate used to poi--I was surprised that it wasn't bad. Kind of smoky and not at all gelatinous. With many of the top restaurants hurting, I figured I'd ask some of the country's best chefs what kind of cheap dishes they could make with the stuff--since they might have to soon. (See the Top 10 food trends of the year...
...vulnerable years, I didn’t discover this personal deficiency until Camp Harvard. Along with a marauding band of fellow ingénues, I arrived in a Mather suite eager, like Lisel von Trapp, to taste my first champagne. Somewhat serendipitously, it came in the form of a cheap vodka shot handed to me by a particularly urbane senior boy with whom I fell immediately and irrevocably in love. But alas, breaking out into hives does not a good seduction tactic make, so I woke up alone in the morning, regretful, excuseless, and still slightly itchy...
...Last April, credit rating agencies recognized this achievement and gave Brazil’s sovereign debt “investment grade” status. But this was a small reward given the shift the country has experienced since 1994. Brazilian government bonds remain too cheap (currently paying over 500 basis points above the 10-Year Treasury). Charging a sky-high political premium to a country that has had a fiscal revolution, and where Daniel Dantas can be arrested through due process of law, seems to be rather exaggerated. The bonds’ inadequate BBB-rating—barely above speculative...