Word: stanleys
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...book. "I called everybody I knew, everybody I could think of who might help me buy time--might, in the final analysis, come to my defense." There was an echo of Virginia Kelley in something Clinton said years later to the political scientist James MacGregor Burns. According to Stanley Renshon, author of High Hopes: The Clinton Presidency and the Politics of Ambition, when Burns asked Clinton what he would do if Congress constantly thwarted him, Clinton shot back, "Just keep going at 'em till they tire...
...show up at class with mismatched socks, and the prof can even tell you why. Sociology 150: "The Social Underpinnings of Taste," taught by Abbot Lawrence Lowell Professor of Sociology Stanley Lieberson makes a class out of fashion and pop culture. Enjoy...
Investors in the market for some valuable advice during the dog days of the Dow can get it from a new source on the Web. Last week Morgan Stanley became the first major Wall Street house to offer discount online traders (at its discoverbrokerage.com site) same-day access to high-quality research reports on more than 400 companies. For $19.95 a month, subscribers can receive analyst ratings, earnings estimates and overviews on 20 stocks...
...think you had a tough week last week--and who didn't, with the Dow off 482 points?--you might perk up after a chat with Stanley Druckenmiller. A six-footer with deep-set eyes and a grin that creeps sideways across his face like a stock ticker, he has been labeled the world's brightest currency trader, an Einstein of the pits. Druckenmiller's paycheck is signed by George Soros, for whom he oversees $22 billion. Uh, make that a little less. Last week Druckenmiller watched helplessly as the Russian debt market vaporized into fiscal neutrinos, taking the last...
This doesn't mean there are no cheap stocks. Take out the 50 most popular stocks in the S&P 500, and the average P/E of the rest falls to a not-so-scary 18, according to Morgan Stanley. And there are hundreds of smaller stocks with P/Es below their expected rate of earnings growth--a classic sign of value. But the overall market will not be cheap by historic standards unless the S&P falls 40%--or its underlying companies earn far more than analysts project...