Word: mutuals
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...about the economy, not about science. Despite Stalinist totalitarianism (which often interfered with science and scientists), science continued to blossom in the Soviet Union. They beat us into space and in countless other areas of science. And Western scientists always engaged with their Soviet counterparts on a plane of mutual respect quite inaccessible to their governments. Scientists, in whatever society, are a quirky lot, motivated by enigmatic incentives comprehensible only to their own kind. Stock options and corporate bonuses are no more fundamental to the achievement of scientific advance than were Soviet medals and patriotic exhortations...
...basic problem is a growing mutual incomprehension, like a middle-aged married couple losing touch with why they used to love each other. One American diplomat calls it a "tectonic shift" of values and expectations. Charles Grant, director of the Centre for European Reform in London, says that "the security threats applying to each side of the Atlantic are increasingly varied, and not of high salience to the other. The Americans worry about missiles raining down from rogue states. The European governing classes worry about the mess they made of the Balkans in the '90s and want to do better...
Well, Buffett was proven right to the tune of billions of dollars. Even if you've got just a few hundred dollars to invest, now is by all means the time to emulate him. Whether you want to buy individual stocks or park your money in a mutual fund, so much of the stock market (especially technology companies) has been beaten down so much that there's only upside left, at least in the long term. When the market overreacts by punishing great companies like Cisco or Yahoo as much as it has hurt companies that should never have existed...
...company. Does diversification work? You bet. Consider the odds. At the end of 1999, 31% of all stocks in existence for five years--nearly 1 in 3--traded at a price lower than where they had stood five years earlier. On the other hand, less than 1% of stock mutual funds suffered a loss, according to fund company...
Likewise, Stieglitz's lifelong bond with Marin was based on an intense mutual respect, although Marin was capable of putting it to unusual tests. Once, having extracted an advance of $1,200 from his buddy and benefactor to keep himself and his new wife going for a year, the great landscapist turned up after six weeks and told Stieglitz that he had blown every cent of it buying a waterless island in Maine, and that his wife was expecting. The chosen few who got to show at Stieglitz's galleries were not members of a stable but rather part foster...