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Famed Money Manager is perhaps best known for his timeless wisdom that you can beat the pros by focusing on stocks of companies where you either work or shop or have some other edge. But a more relevant Lynchism today is this gem: Ignore the headlines...
...Marley J. Brush—daughter of Felipe’s co-owner Thomas J. Brush—and partner Liza Baer-Kahn will be opening a coffee shop called Crème Café in Harvard Square come April. Mr. Brush’s cousin, Rob Stumm, opened a Felipe’s Taqueria near the Tulane campus. [SEE CORRECTION BELOW...
...outside observers say immunity is based not on current legal arrangements, but on the unwillingness of the U.S. to prosecute the contractors. Human Rights First argues that the initial rule that provided immunity to the contractors expired when the authority that adopted it - the Coalition Provisional Authority - closed up shop. The U.S. could subsequently have brought contractors to trial in courts in Iraq, the U.S. or elsewhere, says Peter Singer of the Brookings Institution, but "the political will to use them has been completely absent." By that measure, any fix to the rules of contractor immunity will only...
...Back in the Army's manpower shop, officers are doing everything they can to cut the length of overseas deployments. For the past year, soldiers have been sent to Iraq or Afghanistan for 15-months tours, with only 12 months of "dwell time" at home between deployments (the Army's traditional deployment ratio has been one year deployed, two years at home). Families have been complaining about the 15-month tours, and it's a key topic of conversation whenever Army leaders meet with soldiers and their spouses...
...argument Haq and other video-shop owners like him can't win in this Pakistani frontier town. It often ends with unknown assailants bombing their stores in the night. Haq's shop is the latest to be bombed by what locals call the Taliban, religious vigilantes who don't necessarily come from Afghanistan but who take their cue from its erstwhile rulers. No one was hurt by the 4 a.m. bombing of his store, but the message was clear. So Haq is getting out of the video business, as owners of some 40 similar shops in the neighborhood have also...