Word: knowing
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Dates: during 1990-1999
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...about age 7, they begin to knock holes in the Santa scenario. Maybe they've heard something from an older child, or they've started doing the math themselves, calculating the number of chimneys worldwide versus the maximum speed of a miniature sleigh and eight tiny reindeer. You know your kid is a doubter if he comes in holding a globe and a calculator and wearing an expression that says, "We have to talk...
...traded just Procter & Gamble and Bristol Myers at Cramer Berkowitz, we could know them inside out. But we wouldn't make much, let alone beat the averages. All the action in this year's market has been in stocks of the moment, those newly minted dotcoms or dotcom-related issues that seem to soar 30 and 40 points at a clip. There's only one problem with owning them. Call us old-fashioned, but we like to know more about stocks than their symbols and past trajectories...
...like to know what the companies behind them do, what areas they are trying to dominate and what business cycles might hold them hostage. In short, we like to know as much about them as, say, the teams we pick each week in the pro-football Rotisserie League we fret so much about around the office...
...course, it helps that we picked the hottest sport in the stock market to create our league around. Both of our teams (see thestreet.com for the rosters) have had big moves since their inception a month ago. But I know we would have sat out most of the real action in the likes of CMGI and Internet Capital Group--two league phenoms--had my associate not taken them in the top rounds of our mock draft...
Drinking moderately or not at all is of course your best bet for a problem-free New Year's Day. And we'll just assume you know better than to drink and drive. But if you do get plastered, be sure to quaff plenty of water, since alcohol acts like a diuretic, flushing fluids out of your system. A good rule of thumb is to drink a glass of water for every glass of wine or beer you have, and more for hard liquor...