Word: fooles
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Stock-split mania is another version of this greater-fool investing. Yes, studies show that stocks of companies that split their shares outperform those that don't. But that's easy to explain. Splits naturally occur in the best stocks--the ones that go up. The split signals management confidence, but the heavy lifting is done by management execution that delivers earnings. Do that, and the stock will go up whether it splits or not. Just ask Buffett--whose shares have risen, on average, 28% a year since...
...fool to sit here until no one'scoming in anymore," she says...
...President's upcoming schedule is also a strong reason to speed things up. After the State of the Union speech January 19th, a forum in which he traditionally shines, Clinton will spend time touring the country memorializing Martin Luther King Jr., then receiving the Pope. Lott's no fool -- the Mississipian can no doubt easily imagine the scene as the Pontiff arrives to comfort the popular President while he himself is mired in a failing prosecution. Lott wants to rewrite the script...
BILL CLINTON Is he a great man wronged by partisans, or is he a fool betrayed by his own urges? Depends on what your definition...
...Metropolitan in Los Angeles in this regard are to be ignored). The hot air generated by Congress was cooled by Carrier in 1928-29--and needs it again today. But it was not until after World War II that air conditioning lost its luxury status and became something any fool would install, either to appeal to customers or to increase the efficiency of employees...