Word: pots
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Dates: during 2000-2009
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...argues that the multiple-manager approach removes size as an issue. Money is parceled out to stock pickers--in the case of Growth Fund, to nine managers and 30 analysts--who invest their portion as they like. When more cash comes in, they add more managers. In theory, the pot never gets too big. Yet this approach has limitations. By design, the fund cannot own more than 10% of any one company. If every manager likes the same stock, one or more must relent--or all get less than they want, which undermines the idea that many stars will outperform...
Thankfully, the night was somewhat salvaged when Banerji and Lee mercifully allowed the presidential candidates to question one another. But, even then, neither couldn’t resist downplaying the presence of the individuals who actually mattered that night, referring to the candidate questions as “pot shots” and “retaliations...
...MARIJUANA Research into the analgesic and anti-inflammatory effects of cannabis continued to bolster the case for the medicinal use of marijuana, making the "patient pot laws" that have passed in 11 states seem less like a social movement than a legitimate medical trend. One trial--the first controlled study of its kind--showed that a medicine containing cannabis extracts called Sativex not only lessened the pain of rheumatoid arthritis but actually suppressed the disease. An earlier study published in the Journal of Neuroscience showed that synthetic cannabinoids, the chemicals in marijuana, can reduce inflammation in the brain...
...make busting marijuana smokers a priority (“Harvard Rarely Punishes Student Drug Use,” news, Nov. 14). Most students outgrow their youthful indiscretions involving illicit drugs. An arrest and criminal record, on the other hand, can be life shattering. After admitting to smoking pot (but not inhaling), former President Bill Clinton opened himself up to “soft on drugs” criticism. While youthful indiscretions didn’t stop Clinton from assuming leadership positions, an arrest surely would have. The short-term effects of marijuana are inconsequential compared to the long-term effects...
Flush with success--and with profit margins of 60%--the firm went public on the London Stock Exchange this summer. The June 27 IPO, which valued PartyPoker at $10 billion, was Britain's biggest this year. Bhargava shared the pot with two other reclusive co-owners: a Net pornographer named Ruth Parasol, who switched from carnality to cards in the late 1990s, and Anurag Dikshit, an Indian software whiz whom Bhargava met when both were students at the Indian Institute of Technology in Delhi. They are not three of a kind, but they did cash out about one-fifth...