Word: diving
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...mattress. The esteemed Warren Buffett revealed last Monday that he had recently sold more than $5 billion in bonds. Presumably, that money is now parked somewhere secure while he hunts for bargains--if he hasn't already found them in the wake of last Tuesday's stock-market dive. Bully for him. But remember that he's a billionaire investment god. Mere mortals don't have his eye for value, nor can they easily summon the discipline to "buy the dips" in volatile times like these...
Anita Parman, 59, is here with roughly 30 family members who look like a lost division of the convoy from The Grapes of Wrath. Dogs dive for shade under beat-up trailers, and dust-coated kids wear wet towels to beat the bastard sun. Last fall Anita got pulled over while living up north and had to cough up $1,500 for car insurance and a smog inspection, so she said the hell with that. "I'd rather get me a horse and a couple of burros and live here...
Sometimes you have to forget about the Dow and all the other averages and indexes. You have to forget whether the market is rolling over or about to dive 1,000 points. In fact, you have to forget about "the market" altogether and remember that you're buying stocks of individual companies--or, if you're in mutual funds, that you're paying a manager to know and buy those companies...
...President of "lawbreaking" and swearing he'd never deliver another speech without mentioning the Clinton investigations. The G.O.P. base loved the return of the old, attack-happy Newt, but Gingrich, who is considering a run for President in 2000, saw his already low personal-approval ratings take a dive. And so, since mid-July, the Speaker has been dismissing questions about impeachment with feigned indifference. "I won't pay any attention to it," he told the newspaper Roll Call recently. "If the word begins with i, you talk to [Henry Hyde...
This combination flop-house/speak-easy is the residence of two women who once gave themselves entirely over to art: Greta (Patricia Clarkson), a German actress whose career took a dive after the death of Fassbinder, and Lucy (Ally Sheedy), a photographer of stunning, decadent portraits who abandoned her promising career to accompany Greta further and further into their shared black forest of drugs and sex. The women are still attached to each other, lustful and desperate but still, it seems on some level, inspired by each other's sensitive nature and past artistic achievements. Unfortunately, both women invested so much...