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...concern was that it would have negative implications not only for Boston but nationally," said Tracey M. Lynch, spokesperson for the Boston Public Schools. "It was unusual that the weight of evidence came down on the side of not appealing...

Author: By Jenny E. Heller, | Title: Schools Will Not Appeal Ruling | 2/12/1999 | See Source »

...Peter Lynch became a fabled money manager and best-selling author mainly on the back of a simple investing principle: Buy what you know. But how can the average investor square that strategy with the equally compelling mantra: Diversify for safety? It's one thing for a pro like Lynch to gain enough knowledge about enough stocks to own only those that he understands--and still be diversified. He's got the time and resources. Most individuals, though, are doomed to a far narrower scope. Their best edge may always reside in the company or industry where they work...

Author: /time Magazine | Title: Spread Your Bets | 2/1/1999 | See Source »

...much stock you own. GE, for example, is in at least six different industries at home and abroad, from finance to broadcasting (NBC) to medical equipment. And, with a little work, it is still possible to gain an edge on enough companies in other industries to properly diversify. Lynch says the average person can spot two or three opportunities a year just by keeping an eye open for a hot new product or a perpetually crowded new store. A few evenings' research into the firm's financials and competitors...

Author: /time Magazine | Title: Spread Your Bets | 2/1/1999 | See Source »

...Schwartz. O.K. We all know that Stern's image is larger than his impact. Yet he's easily the company's most visible asset, and he's talking about retiring. And not one official will say what he's worth. Not at CBS, the parent. Not at Merrill Lynch, the underwriter. Not Stern himself, whose sidekicks block any call not having to do with body parts. And none will say how long he's under contract, even though that question came up during Infinity's "road show," where big investors get to ask such things...

Author: /time Magazine | Title: A Stern Warning | 12/28/1998 | See Source »

...CHARMING BILLY The title character, Billy Lynch, has just been buried when this shrewd, elegiac novel opens. Alice McDermott shows Billy's family and friends in a Bronx bar, hoisting a few drinks to the memory of the deceased, a hopeless alcoholic. The author does not underscore this irony; she lets her characters talk, to each other and themselves, and turns in a clear-eyed portrait of Irish-American life...

Author: /time Magazine | Title: Books: The Best Of 1998 Books | 12/21/1998 | See Source »

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