Word: commoners
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...Smith published the results as a book called Common Stocks as Long Term Investments. It was a sensation. Smith--a businessman of no great distinction up to that point--launched a mutual-fund company on the strength of his sudden fame and got an invite from John Maynard Keynes to join the Royal Economic Society. His argument was that stocks would continue to beat bonds because they a) were less vulnerable to having their value eaten away by inflation and b) allowed investors to share in the growth of the U.S. economy in a way that bonds and other assets...
...Arnott argues that the evidence does indicate that "the common interpretation that stocks should be the core of your portfolio always" is wrong. "The main message I would want to convey to John and Mary Doe investor is, Pay attention to the price you pay for an asset," he says...
...beginning - or near the beginning - was King Solomon. Israel's third King, he reigned in the 10th century B.C.E. (before the common era). In addition to being famously wise, he was flagrantly polytheistic. The Bible handles this awkward fact by blaming it on his many wives of foreign extraction, who "turned away his heart after other gods...
Muhammad's preaching career started in Mecca around 613 C.E., and he seems to have had hopes of drawing Jews and Christians into a common faith. In the Koran - which Muslims consider the word of God as spoken by Muhammad - the Prophet's followers are told to say to fellow Abrahamics, "Our God and your...
...solution a sign of Bibi's Obama-ization. "It was a brilliant speech, but Netanyahu surrendered to American pressure. We will act with all our power against a Palestinian state," said Dany Danon, a Likud party leader. The hard-line Prime Minister didn't seem eager to deny his common ground with Obama. "I share the President of the U.S.A.'s desire to bring about a new era of reconciliation in our region," Netanyahu said...