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Dates: during 2000-2009
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...Fair Value and for its low-cost factors-components in the S&P fund ranking." The fund's portfolio manager, Mark Oelschlager, says his fund always seeks out stocks based on valuation and long-term investment. His fund started moving into cyclical stocks and increasing risk late last year at a time when "fear was rampant" in the market because "it was mispriced," he says. "We pay a lot of attention to valuation," adds Oelschlager. "This paid off this year and we think it will pay off next year as well...
...mails say? The more than 1,000 e-mails dating back some 13 years contain a range of information - everything from the mundanities of climate-data collection to comments on international scientific politics to strongly worded criticisms of research by climate-change doubters. It is mainly the last point that has skeptics crying foul. In one e-mail, sent to Mann from Jones, the topic is a pair of papers that criticize the case for man-made global warming; Jones wrote that he and his colleagues would be sure to keep the papers out of consideration for the forthcoming climate...
Perhaps most damningly, in an e-mail from 1999, Jones refers to one of Mann's studies from the prominent journal Nature in a discussion of his own data: "I've just completed Mike's Nature trick of adding in the real temps to each series for the last 20 years (i.e. from 1981 onwards) and from 1961 for Keith's to hide the decline." (By the "decline," Jones is presumably referring to the fact that temperature data reconstructed from tree-ring density - a common way to estimate global temperatures before the widespread use of the thermometer - diverges somewhat from...
...half of the country eight years after being routed by the U.S.-led invasion is a sign that the local population is at least more tolerant of an insurgency against foreign forces. Expanding the ground war may not solve this problem. As University of Michigan historian Juan Cole wrote last week, "The U.S. counter-insurgency plan assumes that Pashtun villagers dislike and fear the Taliban, and just need to be protected from them so as to stop the politics of intimidation. But what if the villagers are cousins of the Taliban and would rather support their clansmen than white Christian...
...Iraq. But Afghanistan is nothing like Iraq, and training may not be the decisive issue: although the U.S. has officially trained 94,000 Afghan soldiers, there's no sign of an effective Afghan security force capable of fighting the Taliban. Desertion rates are high - 1 in 4 soldiers trained last year, by some accounts. So are rates of drug addiction. Most important, the most effective elements of the military are dominated by ethnic Tajiks, which does little to help win support of the Pashtuns, the country's largest ethnic group and the one among which the insurgency is based. Unlike...