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...been busy buying private companies, including The Pampered Chef, a kitchenware retailer, and apparel maker Garan (of Garanimals fame). That's promising. It suggests a value gap between the private and public markets because Buffett finds most common stocks still overvalued. Meanwhile, private-asset funds are a contrarian's delight: net new investment in venture-capital funds, which mainly seed technology and medical start-ups, plunged to $1.9 billion last year (the least since '81) amid investment losses that roughly tracked the public markets. Yet over three years and longer, these funds have outperformed stocks. "The tourists have all left...

Author: /time Magazine | Title: Investing: Come On Out! | 3/24/2003 | See Source »

...students are. The annual soap opera is inevitable. The ambition that got us here affects the way students look for social relationships. Last year, Crimson columnist Ross G. Douthat ’02 wrote about the social landscape here: “We are a Darwinist’s delight, superbly adapted to vanquish every competitor. In the Harvardian universe, the advantage often goes—at least in the short term—to the manipulative and dishonest and cutthroat, the people willing to backstab and lie and cheat their way upwards...

Author: By Hana R. Alberts and Luke Smith, S | Title: Blocking With the Young and the Restless | 3/20/2003 | See Source »

...weren't sure we had the right man," said a Pakistani officer involved in the raid. "He wasn't at all like his photos; he seemed fat and droopy." But when Mohammed's fingerprints were checked eight hours later, the Pakistanis knew they had their prey. To the unconcealed delight of U.S. officials, the other captured man proved to be Mustafa Ahmed al-Hawsawi, the alleged paymaster of the Sept. 11 hijackers...

Author: /time Magazine | Title: Osama bin Laden: The Biggest Fish of Them All | 3/17/2003 | See Source »

While hamantaschen are not to be missed, they are by no means the highlight of the bakery. The borekas ($1.50), a flaky pastry filled with savory mashed potato, are another delight. The sweets may steal the spotlight, but the long logs of borekas that sit in a display case should not be ignored. Borekas are heavy enough to satisfy an immediate craving yet light enough to have as a late afternoon snack...

Author: By Vanashree Samant, CONTRIBUTING WRITER | Title: Hats Off! | 3/13/2003 | See Source »

...never out of reach for Colson Whitehead; it was apparent in his lecture as he followed up a forceful reading of Public Enemy’s “I Can’t Do Nothin’ For You Man” by deconstructing it to the delight of the well-read audience...

Author: By Brian D. Goldstein, CONTRIBUTING WRITER | Title: Quiet Back-Row Student Returns as Acclaimed Author | 3/7/2003 | See Source »

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