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...plan, is that when you're thinking about the future, you gather all the information around you and do your analysis and go from there - whether you're launching a new product, putting an addition onto your house or forecasting the markets. The outside view asks the question, what happened when other people were in this situation? It looks at things from a larger statistical sample. Almost always the outside view gives you an answer that's more pessimistic than the inside view. An analyst sent us a report about Amazon.com that said I think they can grow...

Author: /time Magazine | Title: Common Mistakes Even Smart Investors Make | 9/29/2009 | See Source »

Well, honesty never goes unpunished. Could you give me a good reason then why investors wouldn't be better off with index funds? By and large, investors would be better off with index funds. The question to me is, if you are an active manager, what makes you think you can do better than others over time? We like to think about four distinct building blocks. One is thinking about capital markets more properly. Sometimes markets are efficient and sometimes they aren't. The insight is knowing what mechanisms lead you from efficiency to inefficiency. The second is being very...

Author: /time Magazine | Title: Common Mistakes Even Smart Investors Make | 9/29/2009 | See Source »

...Obviously, the question is: is there going to be a peak as the weather gets colder?” Rosenthal said. “We’ll just have to wait and see, but we’re monitoring it very closely...

Author: By Danielle J. Kolin, CRIMSON STAFF WRITER | Title: Harvard Near National Average, Above Mass. Average for Flu-Like Illness Between Sept. 12 and 18 | 9/29/2009 | See Source »

...course. Haven't you noticed? But I do have some good qualities." - Responding to the question, "Are you a megalomaniac?" Playboy, December...

Author: /time Magazine | Title: Fugitive Filmmaker Roman Polanski | 9/28/2009 | See Source »

Quotes About: • "Looking back, there can be no question that he did something awful. It was a terrible thing to do to a young girl. But it was also 25 years ago - 26 years next month. And, honestly, the publicity surrounding it was so traumatic that what he did to me seemed to pale in comparison ... I don't really have any hard feelings toward him, or any sympathy, either." - Samantha Geimer, the young woman Polanski had sex with in 1977. Los Angeles Times...

Author: /time Magazine | Title: Fugitive Filmmaker Roman Polanski | 9/28/2009 | See Source »

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