Word: insight
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...nabobs of negativism" was his alliterative classic--and helped Richard Nixon explain his policies. (He later explained Nixon himself in a historically rich memoir, Before the Fall.) William Safire, who died Sept. 27 at 79, was not just a fighter--he was a champ. He had brio, savvy and insight into human nature. That's why he could write novels: because he was interested in what makes humans do what they do, in motives and twists of fate and unintended consequences...
...information could provide valuable insight for doctors, patients, and their families...
...Irish-born psychiatrist and epidemiologist says he sees a lot of adults with ASD in his own clinical practice, and "they have so much difficulty saying what their own difficulties are." He suspects that this lack of insight and inability to communicate emotional issues also reduces their ability to seek professional help...
Harnessing the placebo effect does not seem a particularly easy, or even feasible, task: beating the best of 200 years of scientific discovery, invention, and insight with just inert sugar. But the evidence remains embarrassingly clear that the placebo effect is real—and more important than we may care to admit. A recent article in Wired magazine explained the trend: “From 2001 to 2006, the percentage of new products cut from development after Phase II clinical trials, when drugs are first tested against placebo, rose by 20 percent.” And 50 percent...
...question to me is, if you are an active manager, what makes you think you can do better than others over time? We like to think about four distinct building blocks. One is thinking about capital markets more properly. Sometimes markets are efficient and sometimes they aren't. The insight is knowing what mechanisms lead you from efficiency to inefficiency. The second is being very disciplined in valuation, in figuring out if there are differences between fundamentals and expectations. The third thing is competitive strategy work, being able to apply tools from microeconomics and strategy to figure out which companies...