Word: lag
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Boys today are in trouble too. They are locked into rigid classroom routines before they are ready; their rambunctious behavior, once thought normal, is now labeled pathological, with such diagnoses as attention-deficit disorder and hyperactivity. They lose self-esteem and lag behind girls in reading and writing--erupting in violent behavior, killing themselves more often than girls. It all makes headlines, spawns research projects and prompts calls for remedial measures...
Most professional investors, including me, scorned index funds for years. I used to think, heck, if I just picked the 400 best of the 500, I could do better. It hasn't played out that way. Any investor who sought value among smaller stocks has seen his returns lag badly. The Russell 2000, an index of small-cap stocks, has fallen about 20% so far this year, and trailed the S&P 500 nearly 11 percentage points...
...leaving aside the value of diversity forits own sake, Harvard's current lag in minorityhiring has potentially harmful consequences forits athletic programs...
...students is a major reason for the woeful U.S. performance in the TIMSS exams. Too many schools, the report says, "have sacrificed the attainments of more average students in an attempt to bolster the performance of better students." As a result, American eighth- and 12th-graders on the whole lag below the international average in math and are not even within earshot of top countries like Japan, South Korea and Singapore. "The other nations of the world don't subdivide children on the basis of content. The content is the same for ordinary, average students and for the very best...
...screen turned up 31 funds. Only four (Sequoia, New England Growth, Enterprise Growth and Clipper) are beating the market this year. On average, the group of 31 has returned just 12% a year for the past five years, vs. 18.3% for the S&P 500. The big-bet funds lag badly over three- and one-year periods too, though they stack up O.K. against the lower standard set by the average diversified stock fund...