Word: coasters
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...Bill Clinton seeks to understand his quick transit from hero to goat (and hopefully back to hero) -- the roller-coaster common to the modern presidency -- this assessment from a 1983 New York Times editorial has become a totem among senior Administration officials. "Reagan was a goner, right?" says a Clinton adviser. "But then the business cycle took an upturn, and he won big a year later. Reagan's ups and downs remind us to take the long view. Bill Clinton won't be dead until he's laid out with his sax." It's simple, the President himself explained privately...
Experts say the remedy for such roller-coaster rides is to invest for the long term rather than trade frequently in an effort to time market swings. "Stock market declines are normal," says Peter Lynch, who notes that the Fidelity Magellan Fund he managed fell nine times during his 13-year tenure. "Stocks have still averaged an 11% return through depressions and world wars," Lynch adds. "But if you're unable to stand volatility, you should not be in. If you spend more than 14 minutes a year worrying about the market, you've wasted 12 minutes...
...work is an exemplary condensation. Beginning with those initial Surrealist images, it picks up on the early sculptures that clearly indicate the bent of his talent, such as Amusement Park, 1938, a small work that both remembers Picasso's iron woman figures and conflates their shapes with roller coaster and Ferris wheel...
Typifying the roller-coaster that many of the Crimson rode today was Wylie's round. After an ugly snowman (the dreaded 8) on the short par-five fourth, he righted himself, playing the next 11 holes in only one-over...
...Brien has ridden the roller coaster of success. He's heard talk of his firing, talk which has ended now that he has the Eagles pointed toward the NCAA tournament...