Word: mightfully
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While investors in those funds should feel euphoric, S&P is quick to issue a warning to investors who might fall victim to those seductive returns. The S&P report, issued Friday, indicates that many of the best-performing funds relied on short-term strategies and paid little attention to the underlying fundamentals of the stocks in their portfolios, which could lead to a performance problem in 2010. "Using only a backward-looking approach to selecting funds [i.e., past performance] has significant flaws because it ignores the fundamentals of the stocks owned by the fund along with relevant risk...
That strategy might be working. A survey published on Dec. 3 by the conservative-leaning polling group Rasmussen Reports found that 52% of Americans polled believe there remains significant disagreement within the scientific community over global warming, and that 84% of Americans believe it is at least somewhat likely that some scientists have falsified data to support their theories on global warming. Unfortunately, scientific truth matters less than public perception - a doubtful public is that much less likely to support tough caps on greenhouse-gas emissions...
...Until now, the merits of the potential bids have all come down to numbers and finances and markets. But analysts and shareholders may have been ignoring the obvious as they ponder which company might get to swallow Cadbury whole. Thankfully, TIME has come up with a fail-safe measure of judging possible dueling bids: the taste of the rival companies' products...
...task was simple. Tasters sampled a range of chocolates made by Cadbury, Hershey's, Kraft, Nestlé and Ferrero and were then asked to pick a winner in each of four categories. The candies were also put through a separate test to measure how much they might stick together when transported for long distances in my pocket, conditions accurately recreated by placing the chocolates under a desk lamp for a few hours. It was important to ensure that everyone received the same-sized portion of each chocolate, a rule I altered only after people left my office feeling sick...
...broker local support. Corruption and nepotism may be just as much as a symptom of the weakness of the central government as its cause. Even in the times of greatest stability, Afghanistan has been governed from the center via a loose consensus among powerful regional and ethnic leaderships. Karzai might, in fact, have been governing the way a leader without a major national political base of his own deems it necessary to survive in a post-U.S. Afghanistan. And putting his government under stronger Western tutelage risks further undermining his legitimacy in the eyes of many...