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...fact, buying growth stocks at the bottom of an economic cycle is one of the best time-tested methods for beating the market. The legendary investor Warren Buffett, speaking to Fortune magazine during the deep recession of 1974, told stunned interviewers that he was buying every solid company in sight. "I feel like an oversexed guy in a whorehouse," he told them...

Author: By Alex F. Rubalcava, | Title: New Economy Myths | 3/5/2001 | See Source »

...Clinton was more sad than angry and was worried most about the impact of the latest developments on his wife's career. This has not been the afterlife he imagined. A few weeks ago, before anyone knew anything about any pardons, friends had told him to stay out of sight for six months, just disappear into the woodwork. It's too late for that...

Author: /time Magazine | Title: Pardon Me, Boys | 3/5/2001 | See Source »

...Dale Earnhardt, the race was never over. Back when he was winning everything in sight--11 races one year, nine in another--he would come home some nights mad as hell about something that somebody had done to him on the track. Squeezed him, bumped him, as if he would never do such things himself. And this was after a victory...

Author: /time Magazine | Title: DALE EARNHARDT: 1951-2001: The Last Lap | 3/5/2001 | See Source »

...bumpy road efficiently, and then in the late 1950s, Detroit moved south and everything changed. Much of America thinks stock-car racing broke through about five years ago, when the Kid--Jeff Gordon, he of the Tom Cruise looks and the middle-class Indiana upbringing--started winning everything in sight and turning up on the Today show to hobnob with Katie and Matt. But consider this: by 1965, NASCAR was already the second most popular sport, by attendance, in the country. And it hadn't started its Northern offensive...

Author: /time Magazine | Title: DALE EARNHARDT: 1951-2001: The Last Lap | 3/5/2001 | See Source »

...Here is the author Sally Wriggins' description, in her book "Xuanzang, a Buddhist Pilgrim on the Silk Road," of what's been lost: "The first sight of the valley of the Great Buddha must have made weary travelers gasp - immense cliffs of a soft pastel color, and behind them indigo peaks dusted with snow, rising to a height of 20,000 feet. They saw the reddish cliffs in the cold, clear air; as they came closer, they could make out two gigantic statues of the Buddha standing in niches carved in the mountains. Closer still, they saw that...

Author: /time Magazine | Title: Whose Art in Heaven? | 3/5/2001 | See Source »

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