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Now Dimson's team has created the first full, global picture of how equities performed over the past century. Among the 16 nations the team studied, stocks beat bonds and cash by an average of 4 to 6 points a year. From this, the scholars draw a startling conclusion: putting...

Author: /time Magazine | Title: New Cause for Caution on Stocks | 5/6/2002 | See Source »

Cramer is no Warren Buffet. But in running a hedge fund for 14 years through 2000, his returns averaged 24% annually, trouncing the Dow's 15% and beating his competition's 22%, reports tracking firm Hedge Fund Research. What interests publishers, however, is not so much his stock-trading prowess...

Author: /time Magazine | Title: Cramer Vs. Cramer | 4/1/2002 | See Source »

Corzine initially wanted to place a 20% cap on company shares, but gave way to Kennedy's less specific limitation. Their bill also would take the locks off your account, allowing you to sell your employer's shares after three years, and would allow the company to provide independent investing...

Author: /time Magazine | Title: When One Stock Is Enough | 4/1/2002 | See Source »

But, see, the economy could still use another boost. Businesses, whose after-tax profits dropped 10.6 percent in 2002 (the worst in 20 years) are still climbing back toward the black - and won't start investing, producing and hiring at boom levels again until they've been there awhile. Wall...

Author: /time Magazine | Title: Person of the Week: The American Consumer | 3/29/2002 | See Source »

SmithKline Beecham, now part of GLAXOSMITHKLINE, anticipated BRISTOL-MYERS SQUIBB's acceleration of its anticancer drug Taxol, in part because Bristol-Myers Squibb took a curious interest in amending the Endangered Species Act to enable more harvesting of the yew tree, whose bark produces the active chemical agent in Taxol...

Author: /time Magazine | Title: Sleuths In Suits: Mission: Intelligence | 3/25/2002 | See Source »

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