Word: p
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Dates: during 1990-1999
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...theoverwhelming majority of coaches--across allsports--is white.NCAA Head Coaches-Division I Men's Women's HarvardWhite 93.7% 92.4% 100%Black 4.2 5.3 0.0Other 2.1 2.3 0.0NCAA Assistant Coaches-Division I Men's Women's HarvardWhite 84.2% 82.6% 95.5%Black 12.6 12.5 3.4Other 3.2 4.8 1.1<P...
...approaching one of the standard benchmarks for a bear market: a 20% drop from a previous peak. Many investors, though, have been in a quiet bear market for several months; that's because, during the last stages of the run-up in the Dow and the S&P 500, most of the increase was accounted for by such large companies as Coca-Cola and Microsoft; many smaller stocks were left behind. In the S&P 500, virtually all the gains in share prices in recent months were made by the 50 largest. At the same time, the Russell 2000 index...
...that to work, though, you need a home-run-hitting stock picker--and that creature is as rare as the Mark McGwires of the world. The Sequoia Fund, for example, has beaten both the average stock fund and the S&P 500 for the past one, three and five years. But it does not accept new investors. Some solid big-bet funds that do welcome new money include Davis Growth, Clipper, Janus Twenty, Lexington Corporate Leaders, Yacktman and Enterprise Growth...
...only a short time. The screen turned up 31 funds. Only four (Sequoia, New England Growth, Enterprise Growth and Clipper) are beating the market this year. On average, the group of 31 has returned just 12% a year for the past five years, vs. 18.3% for the S&P 500. The big-bet funds lag badly over three- and one-year periods too, though they stack up O.K. against the lower standard set by the average diversified stock fund...
Still, all in all, I would rather have Clinton as President with his pants zipped down than Dole with his trousers zipped up. Hmmm. Perhaps I should start thinking about Newt Gingrich with his lips zipped up. WILLIAM P. BOYER Dodgeville...