Word: poore
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Dates: during 2000-2009
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Majcher says his fund's strategy is to seek out stocks that are wrongly considered risky or overvalued. "We screen for and invest in securities that are misunderstood," he says. "We'll tend to have stocks that look like they have poor characteristics, but when you dig a lot deeper, they don't." He said many of these companies have "temporary issues" that will go away and lead to higher stock performance. His portfolio trades at less than 10 times earnings, which is not overvalued, Majcher contends. "The portolio trades at less than 10 times earnings and the market trades...
...prescribed 20 mg of zinc daily for about two weeks to children suffering from diarrhea. Throw in oral rehydration therapy (ORT), which has been the main weapon against diarrhea for the past few decades, and a treatment costs less than 30¢--affordable even to Sogola's desperately poor families...
...been the main treatment--in many places the only one--since the early 1970s, when U.N. officials first distributed sachets of sugar and salt to refugees in South Asia in an attempt to reduce cholera deaths. Today, rehydration salts mixed with clean water are given to millions of poor people across Africa and Asia. It works: the glucose in the water slows the exit of fluids from the body, allowing electrolytes to be absorbed through the intestinal walls and thus halting potentially deadly dehydration...
...into major developing-world epidemics in 2007 went to diarrhea. The European Commission has given about $1.33 billion to the Global Fund to Fight AIDS, Tuberculosis and Malaria since it was created in 2002. No specific funds are dedicated to diarrhea programs, though the commission funds health services in poor countries and helps upgrade water and sanitation services. The International Center for Diarrheal Disease Research in Bangladesh is at the cutting edge of the disease and treats 150,000 patients a year. Its annual budget: just $20 million...
...experts say the huge disparity comes because most diarrhea victims are poor children--invisible to politicians--and because diarrhea itself makes people squeamish. As Time pointed out in an international cover story three years ago, celebrities don't hold concerts for diarrhea. "Compared with malaria and AIDS, we are totally underfunded," says Fontaine. "This is truly a neglected disease...