Word: superiority
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...crunch comes, emerging markets in general could be hit hard, but those that have gone up the most-places like Latin America, India, Russia and China-are likely to fall the most. At times like these, investors should remember that, while buying during selling panics tends to yield superior returns in years to come, euphoric buying binges often prove a wise time to sell. In today's heady environment, I'd recommend building up cash positions, not least by lowering exposure to assets in overheated emerging markets. And if you must believe in fairy tales, try Little Red Riding Hood...
...endless quagmire of violence and destruction. This Administration's judgment cannot be trusted. From the beginning, the White House ignored experienced military leaders and drastically miscalculated the number of troops necessary to achieve our goals. Congress should study the President's proposal hard. Without a vastly superior plan, we are sending only more American targets...
...brave and courageous" even though Halutz was the strategist behind Israel's ill-conceived summer war in Lebanon, since which the public had been clamoring for his ouster. Ministerial sources told TIME that Halutz tendered his resignation to Olmert on Sunday but didn't bother informing his immediate superior, Defense Minister Amir Peretz, until late Tuesday night. Peretz's office promised secrecy to allow Halutz time to break the news to his troops, but then immediately leaked the news...
...raid came three weeks after several thousand Ethiopian troops, tacitly backed by the U.S., invaded the country to oust the Islamist forces that had seized control of Mogadishu six months earlier. Outgunned by the superior Ethiopian army, the Islamists deserted en masse, with a core group attempting to retreat into the thick forests near the Kenyan border. The Islamists' flight left them exposed, which may have helped the U.S. track their whereabouts and move in for the kill. Approval for the raid came from Somalia's Transitional Federal Government, which had held power for all of 11 days...
...loss record against the world No. 2 (Nadal). Federer has prevailed the last two times they've played but both were close, tense affairs in which Federer at times appeared bothered by Nadal's belligerence, athleticism and astonishing shot-making from the baseline. Federer has the superior all-court game, but six times out of nine that hasn't been enough. "He always plays the same way," Federer has said of Nadal's ferocious left-handed topspin, "but he does that so well." The Spaniard also appears the slightly mentally stronger of the two. True, it's been on clay...