Word: thinks
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Dates: during 2000-2009
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...bless Michael Moore and anyone else who wants to pick up a camera and try to tell a story. It is a lot harder than you think...
...come to think of it as the pact, the willingness of intelligent, well-to-do people to trade certain liberties in return for the promise of either prosperity or security. The model is Singapore, the city-state where I was born and a place that never ceases to fascinate me. But the pact's appeal is now far more widespread and takes in not just the countries you might expect - China, Russia - but plenty you might not. Perhaps even the country you live...
...They lost money on their house, they lost money on stocks," says Tom Atteberry, co-manager of the FPA New Income mutual fund. "They put money in bonds because they think it's safe. Then interest rates are going to rise on them, and they're going to lose money on bonds...
...fixed-income managers of the year. Yet Atteberry sees only trouble ahead. "I've got a bull market in bonds that's unsustainable," he contends. "It might last another six months. It might last another year. Is it going to last another three to five years? I don't think...
...longer-dated bonds). He may ask FPA New Income's board for permission to increase the fund's limit on foreign bond holdings from its current 10%. And he has positive things to say about the inflation-indexed bonds that Treasury has issued since 1997, although he doesn't think they're a particularly good deal...