Word: herded
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Ennis Del Mar (Heath Ledger) and Jack Twist (Jake Gyllenhaal) meet in the summer of 1963 when they sign on to tend a herd of sheep on the eponymous peak, which director Ang Lee locates high in ravishing Marlboro Country. Ennis is a slow-drawling man's man, a simple soul content to live out a life of low-paying odd jobs. Jack is more restless--a not very successful rodeo rider when the spirit moves him but also a man for other, upwardly mobile opportunities. He's the one who initiates their first sexual encounter, although...
...about $65 per bbl., fears abound that a further rise will hobble consumer spending and doom the global economy to recession. Yet Value Trust's latest report showed that the fund still doesn't own a single oil and gas stock because Miller, never one to run with the herd, expects oil prices to tumble...
...about $65 per bbl., fears abound that a further rise will hobble consumer spending and doom the global economy to recession. Yet Value Trust's latest report showed that the fund still doesn't own a single oil and gas stock because Miller, never one to run with the herd, expects oil prices to tumble...
...houses, farms and schools has been transformed into a sump filled with fetid water. Groves of orange trees lie half submerged near Triumph. In Empire, almost 1 million gallons of oil have broken out of a giant Chevron storage tank, coating the levees and seeping into the marshland. A herd of cows staggers ankle deep through greasy waters in Venice. A few miles north, horses graze amid dead fish and the hulks of beached shrimp trawlers...
These days, as usual, Wadhwaney thinks the herd is heading in the wrong direction. For example, although he grew up in Bombay, the center of India's boom, his fund doesn't own a single Indian stock. "People are paying ridiculous prices on promises of the future," he says. Nobody can reliably predict which way the stock market will move or what a company's earnings will be, he argues, so the key is to focus on the present. That means appraising a company's existing assets and buying the stock only if those assets are grossly undervalued. Typically...