Word: grasses
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...They entertain premonitions that the earth will open, and in some ghastly, bracing time reversal, will suck the gaudy Clinton era backward into a grainy trauma of black and white. Unthinkable reversions become possible - mass unemployment, who knows? We have already seen California's power grids shuddering. Will grass sprout through the silicon chips, and all that brilliant information revert to sand, and Gates to Ozymandias? Maybe not, but there's a chill...
...colossal rice terraces built by his ancestors in an amphitheater around Batad, a village in the northern Philippine Central Cordillera. The same stone-walled fields have passed from father to son for 2,000 years. At night the family of six cooks over a fire and sleeps in a grass-thatched...
...tambourines--include some high-profile artists like members of the bands Phish and Sonic Youth. Just last year Weinstone was duping homemade tapes of his songs out of his Brooklyn apartment (sales last year: 1,000). This year he has mass-produced his 160 songs on CDs, and through grass-roots sources--classes, a new website www.musicforaardvarks.com and local merchants who have asked to sell the album in their stores--he has sold some 7,000 in just three months...
...insular world of children's music, say experts, this grass-roots popularity is unheard of. "Lots of kids' music, like Barney or Sesame Street, is marketed through TV or film," says David Wolin, a music-industry veteran who takes the classes. "No one is doing what David's doing. He has sort of grown at the pace he's been comfortable with. He's like a commercial boom waiting to hit. His numbers, small by label standards, are astonishing if you consider he's doing this all himself...
STAYING POWER The grass is always greener in the other mutual fund, and investors are jumping funds 47% faster than they did four years ago. The average holding period is down from 5.5 years to 2.9. In the '90s, performance chasers poured $91 billion into funds after they peaked. Result: bad. Leapfroggers paid a 20% penalty in performance, says a recent study...