Word: cheaping
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...crisis over Iran's nuclear ambitions is evidence that there are issues that directly impact the national interests of the U.S. that Washington cannot solve alone. So what are the forces that will shape our uncertain world? Here are some that were on view in Davos. THE END OF CHEAP ENERGY At Davos, oil-company executives were quick to point out that the doubling of oil prices has not led to chronic shortages. Industries, families, whole economies (like that of Japan) have learned to be far less profligate in their use of energy since the price shocks of the 1970s...
...Italy in 1861 - though the capital soon shifted to Rome. During the 20th century, Torino was Detroit on the Po, the home of auto giant Fiat. The company brought modern production methods to Mussolini's Italy and after World War II helped fuel a flourishing middle class with its cheap and stylish small cars. Today, the city is known chiefly among sports fans as the home of Italy's perennial soccer powerhouse Juventus - which doesn't even put Torino in its name...
...Imagine that. He started buying Beazer at $8 a share and has held on while it soared to $69; Centex at $10, now $68; Meritage at $3, now $59; NVR at $60, now $759; Pulte at $5, now $37; Toll Bros. at $10, now $32. ?They?re still dirt cheap,? Muhlenkamp told TIME...
...dyed-in-the-wool value investor whose Muhlenkamp Fund is one of the few that has outperformed the legendary Bill Miller at Legg Mason Value Trust over the past 15 years. ?As long as people think I?m crazy, I?ll own [these stocks]. That?s what keeps them cheap...
...culture in Cambridge.” Ann Russell, 17, is one of those faithful customers. Although her home is in Cape Cod, roughly 100 miles away, Russell makes the trip to Cambridge nearly every weekend to shop at the Garment District for “all the cheap vintage stuff,” she said. Even as she dug through the racks of vintage, used, and name-brand clothes, she was already wearing a cotton, 70s-era housedress that she bought from the Garment District just the weekend before. Unlike Una’s in the Square and other small...