Word: standardization
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...think dating is always going to be less fun than a relationship that has developed? I hate dating. I've never been out with anyone who I met by dating them, if you know what I mean. It was either through friends or on a holiday, not the standard date where you go out and sit opposite each other in a restaurant or at a bar. I have girlfriends who said, "You've got to give people a chance. You have to go on another date." I don't really agree with that. When I met my husband, and when...
Faced with troubling signs of a stalling recovery, investors sent the U.S. stock market down sharply on June 15. At the day's close, the Standard & Poor's 500 Index was off 2.4%, with the steepest drops suffered by major banks and commodity producers. Bank of America, the most actively traded stock during the day, saw its price shed nearly 2.8%. The Dow fell 2.1% to close...
...begin to understand the situation, the outside world should start by ignoring the standard cliché that the two communist governments are "as close as lips and teeth." Over the years, says Bruce Klingner, a senior analyst at Washington's Heritage Foundation and a former deputy chief for the Koreas in the CIA's analysis section, "the talk in both capitals about the other has often been pretty scathing." Even during the Cold War, Kim Il Sung, Kim Jong Il's father, would routinely play the Soviet Union and China off each other. But while China and North Korea have...
...that does not mean that buying and holding a portfolio composed mostly of stocks--the standard investing advice of the past quarter-century--makes sense for all of us. In the past few years, the mantra of "stocks for the long run" has come under fire from some respected students of financial markets. Their two main critiques have to do with those terms long run and best. The first debate centers on whether you can count on stocks' long-term advantage to work out over your particular investment horizon; the second is about whether an investment as risky as stocks...
...game in which one side will win and one side lose - can foster intolerance of other religions and their gods. Indeed, a close look at the Bible shows how this worldview helped move Israel from the polytheism of Solomon's time toward monotheism - a monotheism that (contrary to the standard story of Christians and Jews) doesn't seem to have taken root until the middle of the first millennium B.C.E...