Word: wisdoms
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...world. Reformist politicians, whose candidates had fared badly at the polls, told moderate Iranians that they were to blame for Ahmadinejad's victory. If the so-called silent majority - the millions of middle-class, educated Iranians who seek more freedom and economic opportunity - had voted, the emerging wisdom went, then the country wouldn't have been lost to the lunatic with the peculiar Windbreaker. (See pictures from the tumultuous Iranian election...
...ashamed of having voted in Iranian elections past, but I have a fresh appreciation for the wisdom of Shirin Ebadi, who from long experience battling the Iranian regime had accurately recognized her foe. And I am still not certain that I will boycott elections in the future. If people had not voted in Iran on such a grand scale, the world would have assumed once again that the people had chosen Ahmadinejad as their President. Now Iranians have made their discontent clear, and though their votes have been discounted, their voices have been heard. Ahmadinejad may remain President of Iran...
...increasingly rare in our culture. I would argue that Twitter is a uniquely democratic form of communication--that is, it's open to everyone, there is no central authority, and people vote on whom and what they like by signing up to be followers. It's about the wisdom--or folly--of crowds. It's also, as Johnson observes in his superb piece, a prototype of a new kind of shared national experience: people talking to one another in real time about real events...
...background on stocks for the long run. The notion goes back to 1922, when a bond brokerage in New York City hired Edgar Lawrence Smith to put together a pamphlet explaining why bonds--and certainly not stocks--were the best long-term investment. At the time, this was conventional wisdom on Wall Street. Bonds were for investment, stocks for speculation--and, in those pre-SEC days, for manipulation. But when he investigated the historical record, Smith recounted later, "supporting evidence for this thesis could not be found." Instead, he discovered that over every 20-year span he examined...
...Several other marketing experts question the wisdom of touting the GM brand at all right now, suggesting a dignified silence might be the best policy. "Even people who rave about their new Camaro really hate GM," says automotive-marketing consultant Brian Pasch. "[The company] should separate the loyalty for the brand from the anger at the bureaucratic mess that is the management...