Word: picked
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...just a symptom of more bad news to come for risky assets will then be the next big issue for investors to interpret. Normally, such moves are seen as bad news. But for investors who have been savvy and patient, such rocky times may offer a fine opportunity to pick up cheap equities, particularly in sectors likely to benefit from powerful long-term trends such as climate change, demographic change and the burgeoning wealth of emerging markets...
...they don't know anything else about it. It's easy to imagine the evolutionary roots of a go-with-what-you-know principle--avoiding poisonous plants, say--but these mental shortcuts suit certain modern problems as well. For example, studies have shown that people are able to pick which of two foreign cities is larger or who will win Wimbledon just by employing the assumption that if a name is recognized, it's likely to be more important...
...expected to foot the bill.) "It's a bargain," says Major General Robert Durbin, former commander of the Combined Security Transition Command in Afghanistan. "We are spending $15 billion a year now for the presence of U.S. forces. So for a fraction of the cost, you have the Afghans pick up the fight. So we have the option, if we so choose, to reduce our forces, and that's a good return on investment." Staff Sergeant George Beck Jr., a U.S. soldier training new recruits at the KMTC, says, "It's all about crawl, walk, run. Right now the Afghan...
...early '80s. If there was one thing that nearly everybody in the art world knew back then, it was that painting was yesterday's news. Real artists did installations, or sawed houses in half or got behind the controls of a bulldozer and piled up earthworks - anything other than pick up a hairy brush and use it to drag that ancient mud called pigment across a piece of cloth...
...summer, it is more suitable for salmon than people. Yet, today, flights to Sakhalin book up weeks in advance. Prices in the capital city of Yuzhno-Sakhalinsk are outlandishly high - $18 for a whiskey - and visitors (who usually come voluntarily now, unlike in Chekhov's time) have their pick of nightspots every bit as over-the-top as those found in Moscow...