Word: herds
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...inflation is low too, so your real return is richer than it looks. Even when bonds yielded 8% in the early 1990s, their return after inflation was under the 3.2% you can net on today's 4.8% bonds (see chart). That's why you shouldn't join the herd of investors stampeding into high-yield--or junk-bond--funds; so far this year, the public has poured $9 billion into these buckets of risky corporate debt, nearly half as much as the money attracted by all stock funds combined last year. And I wouldn't get within spitting distance...
...Ready for his lunch, Jiang sits up and casually unbuttons his sweaty, gray shirt, unself-conscious after years of on-set wardrobe changes. His assistant hands him a fresh shirt?navy blue printed with a herd of fierce, red, glaring bulls. "Ever had horse meat?" he asks as the waitress delivers a plate of blood red sashimi. He clenches a fist and then grips his tensed forearm, adopting the tone of an older, more experienced brother. "It makes you strong...
...wealth of rare desert animals, including the Arabian oryx, a white antelope with long spiral horns and distinctive black markings. Special kidneys allow the oryx to survive long periods of time without water. By 1972, however, oryx in the wild were hunted almost to extinction, but a new herd, bred in captivity, is slowly being reintroduced to two desert areas. The Central Area Wildlife Reserve has been closed to the public for the past 25 years, but is now opened to limited official tours; browse www.discoveryinitiatives.com/oman.asp....
...when I showed up at Raratu Lodge, near Havelock North on North Island, ready to get down to the ranch and shear some sheep, proprietor Pete Hill was quietly amused. Forget New Zealand's shepherding heritage?nothing could get him to herd sheep, even if he had any. "Field lice," as he called them, were far too stupid and too prone to disease. Seeing my city slicker's crushed expression, he did offer me the chance to douse a few of his dairy cows with a de-worming bath, but the intermittent late summer showers ruled that...
...country lass from Scotland. She spent each August at the Castle of Mey, listening to her bagpipe records and fishing for salmon with Prince Charles. Sometimes she would simply tramp through the rain, chatting with the locals. Once, it is said, she noticed a farmhand struggling to herd his lambs into a pen. Instantly she clambered over a stone wall to help out. It seemed, she later said, the neighborly thing...