Word: donning
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Dates: during 1970-1979
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"I don't think you can consider one stock without understanding the industry involved, the national economy, and the world economy," Cabot says. Each HMC partner covers the field or market he knows the most about, and keeps the others up to date at the daily meetings.
The "guts" of these meetings, Cabot says, is a lengthy debate about one company, one industry, or the "asset mix"--the portfolio's ratio of stocks to bonds. One partner will present the case. "Quite often there's an adversary role, just to make sure we get everything out on...
"Go down to the beaches at Lynn--all you see are kids drinking beer. You can't even find a parking place," Joseph Cardile from Randolph, said yesterday. He added that he believes the drinking age should be raised to 21 years because teenagers cannot handle alcohol. "Kids stole my...
However, a Cambridge Police spokesman said yesterday drinking among teenagers has stayed at its usual high level. Sgt. Richard Rule added that the only decreases in public drinking by teenagers have been in the public parks, where the police have clamped down. "I don't know where the 18-to...
Bars and discos have reported little difficulty enforcing the new drinking age laws, and most of them are complying with the law, Rule added. "I don't think the 18-year-olds could afford to drink in bars anyway," he said.