Word: quiteness
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...weeks ago, I suggested here that those who had racked up big wins in tech stocks should lighten up on their precious juggernauts to preserve what they had made. Lighten up, not sell out. Remove some risk, not quit the game. The e-mail response was vitriolic. How could I be so dumb? What would I recommend next, mining stocks? No. But how about a tutorial in market risk? In case you don't remember: the NASDAQ got creamed last week, providing our course materials...
...flip side of high risk--assuming too little of it--is equally dangerous. That's been clear enough over the past few years to anyone who is mainly in bonds or old-economy value stocks like Philip Morris and Good-year Tire. Quite simply, they were left in the tech dust. Ask Julian Robertson, the famed Tiger Management boss who held fast to his value style until time ran out. Last week Robertson, whose assets had dwindled, to about $6 billion from $21 billion in 1998, gave up and quit. The question is, Is it too late to jump...
...beginning of the past century, track-and-field records have fallen in everything from sprints to miles to marathons. The performance arc is clearly rising, but no one knows how much higher it could climb. At some point, even the best-trained body simply has to up and quit. The question is, just where is that point, and is it possible for athletes, trainers and scientists to push it higher...
...Because there were a lot of us here willing to stick it out through the rain, we thought it would be worthwhile not to quit and go home," said Eleanor I. Benko '02, a PSLM member...
...Because there were a lot of us here willing to stick it out through the rain, we thought it would be worthwhile not to quit and go home," said Eleanor I. Benko '02, a PSLM member...