Word: indexes
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Dates: during 1990-1999
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CORRECTIONS The boys were given too much credit last week when this column incorrectly stated that all-male investment clubs had beaten the S&P 500 by 0.56% in a recent study; Brown University researchers found that male groups actually trailed the index by that figure. As reported, though, mixed-gender groups beat the S&P handily. Also, because of a computer error, hyphens were incorrectly inserted into two web addresses last week: MetaMarkets.com and StockJungle.com...
...boys and girls seem to play better together. A Brown University study tracked hundreds of investment clubs over the past decade and found that stocks picked by mixed-gender groups beat the S&P 500 by nearly 2%--that's a lot--while all-male groups squeaked past the index by 0.56% and all-female groups by 0.28%. Why the difference? Mixed clubs were often formed by co-workers, who were used to achieving goals, while single-sex club members tended to be friends, who didn't want to criticize ideas and hurt one another's feelings...
...market's mind was on Greenspan again Wednesday as a tame inflation number - a 0.3 percent hike in the Consumer Price Index, with just a 0.1 hike in the "core" rate - sparked a 100-point rally that traders promptly sold off for fun and profit. On the Fed watch, TIME senior economics reporter Bernard Baumohl figures today?s number and yesterday?s ?- a mildly alarming boost in retail sales ?- cancel each other out. "My sense from the last meeting was that the Fed was done unless it saw some clear and unambiguous evidence that inflation was on the rise...
...realize, is probably how Mike Tyson got hooked up with Don King. Because even though I knew the whole thing was completely phony, it made me feel pretty. At one point, Weitzman saw a fellow employee at the restaurant. He brought her over. Like a gunslinger, she whipped her index finger at me and said, "You are so talented." It was obvious she had no idea who I was. This is now what I'll say to everyone I ever meet, except for Val Kilmer...
...next big step is linking the states' databases. The FBI has started providing states with free CODIS (combined DNA index system) software, which digitizes and compares DNA profiles. This has already produced some impressive results. After a series of rapes in Sarasota, Florida investigators entered DNA from the crime scene into the national system. The DNA turned out to match that of Mark Daigle, who had served time in Virginia six years earlier for burglary. Florida officials arrested Daigle, and last year he was convicted of rape...