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...Skeptics claim that statistics such as these are biased in favor of equities because they are derived solely from long-term U.S. data. But the excellent historical returns of stocks are not limited to the U.S. Three U.K. economists - Elroy Dimson, Paul Marsh and Mike Staunton - have examined the historical stock and bond returns from 16 countries since 1901 and published their research in a book entitled Triumph of the Optimists: 101 Years of Global Investment Returns. Despite wars, bouts of hyperinflation and depressions, stock investors in all 16 countries examined enjoyed high returns that outpaced fixed-income assets...

Author: /time Magazine | Title: Why Stocks Still Rock | 11/23/2009 | See Source »

...difference to me whether a woman keeps her name or takes her husband's. I wonder, however, in the interest of consistency, if Gibbs received an engagement ring from her husband. After all, if we can dispense with one outmoded patriarchal tradition, why not dispense with them all? Mike Migliaccio, Croton-On-Hudson...

Author: /time Magazine | Title: Inbox | 11/16/2009 | See Source »

...throw a combination at you. You'll think he's done, but then he'll keep pounding you. And there's not a dense hardness to his punch. It just jumps on you. It explodes." Roach, who has worked with boxing luminaries such as De La Hoya and Mike Tyson, offers a little poetry when he recalls the time in 2001 when Pacquiao first came into his gym. "I just did one round with mitts with him, and I thought, 'Man, can this motherf______ fight.'" (Watch TIME's video "A Free Boxing Lesson with Oscar De La Hoya...

Author: /time Magazine | Title: The Meaning and Mythos of Manny Pacquiao | 11/16/2009 | See Source »

...table at the Capitale extravaganza. Beside Pacquiao sits his wife Jinkee. Filipino tabloids have published her purported ultimatums against Manny's "playboy" ways, but tonight she says only a couple of sentences and even those guardedly. She speaks mostly to the other man seated next to her, Mike Koncz, a Canadian who takes care of the little details that matter to Pacquiao and his wife. The fighter, for example, must have white rice with his meals (a hard habit to break for all Filipinos), so Koncz goes scampering for a plate of it. The slightly fusiony menu lists a side...

Author: /time Magazine | Title: The Meaning and Mythos of Manny Pacquiao | 11/16/2009 | See Source »

...psychological day for us, to have 1,200 stores and 160,000 people ready for the next 35 days of mayhem," says Mike Vitelli, executive vice president of Best Buy's customer operating groups. "It's the gun start of the race." (See pictures from Black Friday...

Author: /time Magazine | Title: Retailers Gear up for Black Friday | 11/13/2009 | See Source »

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