Word: medians
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Wycliffe and his cohort may soon get their wish. Berkeley is gentrifying fast. Its median house price is four times the national average, thanks to an influx of yuppie couples and dot-commers who have spent the past decade bidding up the prices of two-bedroom bungalows. And because California banned affirmative action in 1996, U.C. Berkeley is becoming less diverse, with the number of "underrepresented minorities" on the decline. The probusiness mayor got 60% of the vote in the last election. And an assemblywoman is planning to run against Barbara Lee--the member of Congress for Berkeley and Oakland...
...Wycliffe and his cohort may soon get their wish. Berkeley is gentrifying fast. Its median house price is four times the national average, thanks to an influx of yuppie couples and dot-commers who have spent the past decade bidding up the prices of two-bedroom bungalows. And because California banned affirmative action in 1996, U.C. Berkeley is becoming less diverse, with the number of "underrepresented minorities" on the decline. The probusiness mayor got 60 percent of the vote in the last election. And an assemblywoman is planning to run against Barbara Lee - the member of Congress for Berkeley...
...event-related sell-offs jibes with that bit of Buffett wisdom. Ned Davis Research looked at 28 crises dating back to the fall of France to the Nazis and found that in 25 of those cases, an initial market decline turned to solid gains within six months. The median initial decline in the Dow was 4.6%, followed by a rally of 12.1%. So maybe it's time to relearn an old lesson: Buy the dip. It hasn't worked lately. But now that it's no longer popular, it just might be smart...
...Median household income, surpassing perennially richest state Connecticut...
...sight of it conjured up a passage from Melville I had long since forgotten. I cannot walk to Porter Square on certain fall afternoons without feeling the golden antique light of Fitzgerald’s Princeton, because one sophomore-year Saturday I read This Side of Paradise on the median strip of Mass...