Word: siegel
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...came the most influential of the stocks-vs.-bonds studies yet, Jeremy Siegel's Stocks for the Long Run. The book, which laid out the records of stocks and bonds going back to 1802 and found stocks winning by a mile for almost every 30-year period over those two centuries, became a must-read for investors. Siegel--a professor of finance at the University of Pennsylvania's Wharton School--became what one journalist described as "the intellectual godfather of the 1990s bull market...
...that particular bull died in the tech wreck. But unlike Edgar Lawrence Smith, who faded into obscurity after the '29 crash, Siegel has retained his reputation. That's partly because his book (the fourth edition of which was published last year) is full of warnings that when he says long run he really means long run--say, 20 to 30 years. It's also partly because in March 2000, just as the stock market was peaking, Siegel warned in a Wall Street Journal Op-Ed column that technology stocks were headed for a precipitous fall. But it's mainly that...
Sure, there are some market seers convinced that Siegel and his work will eventually be consigned to the dustbin of history--because they think the U.S. economy has entered into an inexorable decline. But among Siegel's fellow finance wonks, the debate isn't about his basic premise. It's about the lessons the rest of us should or shouldn't draw from...
...blow commentary of his fight footage. Since his first film as screenwriter, The Gambler in 1974, and Fingers, his 1978 debut as writer-director, Toback has put churning, charismatic self-destructive characters on the screen. (He got an Oscar nomination for the life story of another scoundrel, Bugsy Siegel, in the 1991 Bugsy.) Toback has always been fascinated by the machismo of professional athletes; he wrote a tell-all memoir of his years spent with football-star-turned-actor Jim Brown. In Tyson he had a man who took Brown's use of violence to extravagant, uncontrollable depths...
...point at Heartbreak Hill, one guy yelled ‘You must be wicked smart!’” Siegel said...