Word: bet
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...doesn't put out his forecast until January, but already clients are clamoring for it. Why? "They're curious, and they're trying to figure out what to do themselves," he says. Accurate or not, a forecast is something to hold onto. Or maybe we just sleep better having bet on someone else's guess rather than...
...split doesn't come as a surprise: the former Lazard bigwig conspicuously declined to stand by her husband while he disclosed his dalliance, rebuked him several times during interviews and moved out of the governor's residence along with the couple's four children. It's a safe bet that plenty more publicity will attend her next move. Sanford, who drew plaudits for her handling of the scandal and whose memoir is slated for publication next spring, was named this month by Barbara Walters as one of 2009's 10 most fascinating people. (Read "Jenny Sanford: The Savviest Spurned Woman...
...campus. Not “crazy like a fox” people, not people who are “a little off-kilter,” but people who are genuinely, certifiably out of their gourds. Drew Faust probably gets more of their messages than I do, but I bet she doesn’t read all her own mail or check her own voicemail...
...want to jeopardize its own safeguards agreement with the IAEA, but the Indian Foreign Ministry issued a statement clarifying that its vote shouldn't be read as support for new sanctions: "India firmly supports keeping the door open for dialogue and avoidance of confrontation." This isn't just diplomatic bet-hedging; it's a mirror of India's sharpening picture of itself as a superpower, one that will interact with other countries on its own terms. (See TIME's photo essay "Bhopal 25 Years Later...
...positive side, S&P named the Pin Oak Aggressive Stock fund as an example of a fund that performed strongly in 2009 and remains a good bet for 2010. The fund is up 71% so far in 2009 and "scored positively on S&P Fair Value and for its low-cost factors-components in the S&P fund ranking." The fund's portfolio manager, Mark Oelschlager, says his fund always seeks out stocks based on valuation and long-term investment. His fund started moving into cyclical stocks and increasing risk late last year at a time when "fear was rampant...