Word: quarterly
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Berkshire hasn't been immune from pain. Last quarter, the conglomerate's earnings dropped 64%. Its housing-related firms--Acme Brick, insulation manufacturer Johns Manville, carpetmaker Shaw--have taken hits, with profits down as much as 41% for 2007. Buffett barely blinks. "Is a carpet business in a postbubble period worth less because it's earning less now? No," he says. "If you own a farm and you have a drought once every 10 years, you don't mark down the value of your farm 30% the year of the drought...
...found a significantly lower rate of dementia, including Alzheimer's, in those who exercised. Another study, this one of 2,000 elderly men living in Hawaii, showed that those who walked two miles or more a day were half as likely to develop dementia as those who walked a quarter-mile or less...
Clinton's recent embrace of a "gas-tax holiday" - an idea dismissed by others in her party as a bit of ineffective pandering - also reinforced questions about her trustworthiness. In Indiana exit polls, a full quarter of Clinton's own supporters said that they did not think she was honest. Just as Obama suffered in Ohio for looking like he was too political on NAFTA, Clinton's position on the gas tax issue riled Indiana voters, who consistently raised it in conversations with reporters the weekend before the primary vote...
...Dalai Lama's Dharamsala-based government in exile, for example, has been that the new autonomous region would include so-called "greater" Tibet, that is, all the traditionally ethnic-Tibetan areas now parts of the provinces of Sichuan, Yunnan, Gansu and Qinghai. In total, that would compromise around a quarter of China's current territory. No government in Beijing could ever contemplate such a giveaway, which would almost certainly unleash a nationalist backlash of frightening proportions...
...Crimson’s last home game back on April 12, Princeton came from behind to win 9-8 in overtime. Harvard led 7-4 at the opening of the final quarter before a deluge of Tiger scoring and actual rain, literally and figuratively dampened the Crimson’s spirits...