Word: stockings
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...having a 200 IQ. You need a sound temperament and the ability to think for yourself,” he said. “Institutions get caught up in fads, [and] you have to keep your own scorecard.”Using the example of China’s stock market, Buffett argued that emotional management is central to sound financial management.“The one thing you can be sure of,” he said of U.S. investment in China, “is it will eventually go too far. You have the innovators, the imitators...
...This is not to suggest that all emerging markets are attractive. There are major gas pockets in China stocks, which are trading on mainland bourses at levels reminiscent of the heady days of the dotcom bubble. Hong Kong's stock exchange, where many China companies are listed, is experiencing similar exuberance, having risen more than 40% since mid-August. Soaring markets like these are getting a lot of press. But don't make the mistake of assuming all emerging markets are overvalued just like they were 10 years ago, right before the last bubble popped. That would be like driving...
...healthy beauty seems a bit at odds with the packaged cookies tempting visitors at the reception desk. More delicious cookies are waiting in the conference room. But, says Laurent Sacchi, Danone's senior vice president of communications, eyeing one of the cookie packets, these are the last of the stock. "Once the sale goes through, I don't think you'll see these anymore," he says...
Since the Numico purchase, Danone's stock has fallen slightly, as investors digest the huge price, but Danone is convinced that trading cookies for clinical nutrition will make shareholders feel better in the long run. "At the end of the day, the new Danone is one of the best things we can imagine for the future," says Riboud. Replacing the unopened package of cookies on the table, Sacchi mentions that in Europe, Danone has just launched something called Essensis, a yogurt that he claims is good for your skin. What's next--yogurt that makes your hair grow? "Nobody would...
...dawn broke on the morning of her arrival, the crowds awoke from the highway medians where they had passed the night in hopes of getting a glimpse of a leader few had seen other than from a television screen. Babur Khan, a 28-year-old employee at the Karachi stock exchange said excitedly, "She will bring employment, she will restore democracy, and she will bring peace. We are proud to have a woman as a leader. Our children's future in her hands. She is our mother." "We are emotionally charged," said Mohammad Aslam. "We come from all over Sindh...