Word: 80s
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...into actively managed funds. It has been amply rewarded. "Measured against where all the money was 10 years ago--in banks--they've done great," says Robert Schmidt, president of Individual Investor Group, a financial-magazine publisher. He's right. Even bottom-tier funds in the '80s and '90s have been good enough to embarrass bank CDs, the likely repository for savings that aren't in stocks. Still, people left CDs for a reason. Having correctly made that tough decision years ago, they should not be grateful now for lackluster results. Even though their money on the whole has more...
...turntables and a microphone; all folk singers need is a guitar. "I always wanted to play music as a kid, play guitar, but it just seemed impossible to me," says Beck. "You turn on the radio, and they'd be playing, what, Huey Lewis or some superproduced '80s music. That music--it was so professional--there didn't seem any way to be able to do that...
...early '80s, Harvard did not have a computer science concentration so Seltzer instead majored in applied mathematics which meant, according to her, more math and less computer science than computer science concentrators have today. Still Seltzer had the all-nighters--just as students do today--the night before her weekly problem sets were...
Seltzer lets her experience at Harvard as an undergraduate inform her teaching today, particularly with grading. Grades have rapidly inflated since she was here in the early '80s, Seltzer says...
During the bachelor years in the early '80s, the math-camp mentality was accompanied by a frat-boy recreational style. Gates, Ballmer and friends would eat out at Denny's, go to movies and gather for intellectual games like advanced forms of trivia and Boggle. As friends started getting married, there were bachelor parties involving local strippers and skinny-dipping in Gates' pool. But eventually, after Gates wed, he took up more mature pursuits such as golf. "Bill got into golf in the same addictive way he gets into anything else," says Ballmer. "It gets his competitive juice flowing...