Word: premiums
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Convincing a whole nation to pay a hefty premium for something available at home for next to nothing has to be one of the greatest feats in the history of American advertising. That's not to say there aren't places in the U.S. where avoiding tap water is probably a good idea, but on the whole American tap water is clean, well-regulated and safe...
...stock index is down 16% in 12 months. Yet many small stocks have growth rates that exceed their earnings multiples, and the group tends to do best when the U.S. economy is strong and foreign economies are weak, as now. And small companies are ripe for a wave of premium-priced takeovers by big companies using their stratospheric stock prices as currency. Some foreign markets also look attractive. These conditions have been in place for a while; patience is the value investor's cross to carry. Dow 10,000 probably won't alter many investing habits. But that big number...
...century, anthropology textbooks painted a simple picture of the plight of our ancestors on the African savanna: them against the world. Lions menaced and starvation loomed. This hostile environment was considered the driving force behind human evolution. It put a premium on inventing tools and tricks for finding food and not becoming food. So large brains evolved...
...meantime, an e-mail survey conducted atBrown showed that 71 percent of the 1,200repondents wanted a separate student center,placing a premium on social and performance space...
...when offices are at such a premium, many groups are quick to point fingers at each other for not using their precious space...