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...percentage points a year over risk-free government bills, and nearly always outdid bonds in any 20-year period. Yet this conventional wisdom may not be a reliable guide to the future, for Americans or anyone else. In a landmark new study, The Triumph of the Optimists, a trio of London Business School researchers crunched stock market data for 16 nations over the past 100 years. They found that after stretching the record back a bit further, U.S. shares actually returned only 6 points over bills on average. Worldwide, stock investors earned 5 points. But a lot has changed over...

Author: /time Magazine | Title: Down And Out | 7/14/2002 | See Source »

...draw similarities between the actor and John Anderton, his complex, haunted character in Minority Report, is irresistible. In Spielberg's sci-fi mystery, Cruise stars as a seemingly stalwart cop in 2054 who heads an elite squad known as Precrime. Using a trio of psychic mutants called precogs, he can detect a murder before it happens, strap on a jet pack, then arrest the would-be perpetrator. But Anderton leads a double life, scoring a drug called neuroin in dark alleys, seeking oblivion after the unraveling of his family. Based on a 1956 short story by Philip K. Dick...

Author: /time Magazine | Title: About Tom | 6/24/2002 | See Source »

...Last week's dramatic arrests of Al Tbaiti, 26, from Mecca, and two alleged Saudi accomplices, Hilal Alissiri, 31, from Najran, and Abdullah Al Ghamdi, 21, from Gueddana, was not simply a lucky break. The Moroccan agents ambushed the trio after tailing them for more than a month, the result of a tip from the CIA based on U.S. interrogations of al Qaeda members detained in Guantanamo...

Author: /time Magazine | Title: Inside an al-Qaeda Bust | 6/15/2002 | See Source »

Most Brit rock acts have become so consumed with burying their melodies that they forget to compose them. Thank you, Radiohead. Doves, a Manchester trio, is a pleasant exception, a band that actually enjoys its own tunefulness. Yes, there are echo effects, abrupt tempo changes and a few melancholy lyrics--how else would we know this is contemporary rock from England?--but songs such as There Goes the Fear, M62 Song and N.Y. reveal a sweet pop soul that is more Beatles than brooding...

Author: /time Magazine | Title: Music: The Last Broadcast | 6/10/2002 | See Source »

...make a whole lot of noise at the Heptagonal Championships this year. After all, the Crimson graduated one of its best senior classes in history in Brenda Taylor ’01, Marna Schutte ’01 and Dora Gyorffy ’01—a trio that typically scored 70 points in a championship meet by itself...

Author: By David R. De remer, CRIMSON STAFF WRITER | Title: W. Track Still No. 2 Indoors Despite Losses | 6/6/2002 | See Source »

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