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...close proximity to humans without disturbing them. Leopards are seen in the suburbs of Nairobi and Kampala. Mountain lions in Waterton, Alta., have been observed using the angles of buildings and even the beds of pickup trucks to conceal themselves when hunting. In the San Diego area, these animals tend to hang out within 100 yds. of trails used by hikers, though they are rarely noticed, according to a study of radio-collared cougars conducted by researchers at the University of California at Davis. "They do a remarkable job of keeping away from humans," says biologist Walter Boyce...

Author: /time Magazine | Title: Nowhere To Roam | 8/23/2004 | See Source »

...strategy for making money in a sideways market is called pairs trading, a technique often used by hedge funds. A pairs trade hinges on identifying two stocks that tend to move together but for some reason have gone opposite ways. Buy the stock that has lagged and sell short (a bet it will decline) the stock that has zoomed ahead. "You have to believe the historical relationship will re-emerge," says Seth Weiss, co-founder of Denver-based Pairs Trading. The direction of the market won't matter. As the two stocks fall back in synch, the pairs trade hits...

Author: /time Magazine | Title: Investing: Pairing Up | 8/23/2004 | See Source »

...mutual funds trade in pairs, though their performance has been spotty. The Laudus Rosenberg, GMA Gabelli and Franklin U.S. long-short funds and Phoenix Market Neutral sometimes give the pairs game a spin. But, says Dan McNeela, an analyst at the fund-research firm Morningstar, "these kinds of funds tend to have above-average expenses...

Author: /time Magazine | Title: Investing: Pairing Up | 8/23/2004 | See Source »

...European tax reform is long overdue. The process of overhauling government fiscal policies should bring in its wake greater transparency, accountability and, consequently, reduced waste. Although your story noted that these issues are principally of concern to E.U. citizens, lowering taxes has global implications. Politicians in many countries tend to follow the lead of the E.U., and so tax reform implemented by the E.U. may also eventually affect a much wider populace. Sova Bhandary Geneva...

Author: /time Magazine | Title: Letters | 8/17/2004 | See Source »

...carefree abandon of these older riders, they tend to forsake the noise and vibration of sports bikes. Data from JD Powers show that the median age for sports-bike owners is 30, but for cruisers and touring bikes, which offer more comfort and luxury, it is 45 and 50, respectively. Older riders opt for add-ons besides a comfy seat and a windshield, like a CD player with wraparound stereo and an intercom to keep the couple connected on the bike...

Author: /time Magazine | Title: Romance On the Road | 8/16/2004 | See Source »

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