3. It seems that the phrase perils of the sea, on the western waters of the United States, signifies and includes perils of the river. 3 Stew. & Port. 176. 4. If the law be so, then the decisions upon the meaning of these words become important in a practical view in all cases ...
During my time here in Seattle, I’ve pretty much disdained the Mariners. They’ve thrived on public money while penuriously divesting themselves of quite a chunk of the Hall of Fame because they didn’t want to pay to keep them (hello Ken Griffey, Randy Johnson, Alex Rodriguez, Jason V...
investment director of hedge fund GAM, took the line that two views are needed to make a market but modern risk control systems all basically work to the same principles, and so they will all deliver warnings at roughly the same time, meaning everyone will rush for the exit at the same ...
Active funds may shine in down markets in part because managers can keep more cash on hand than do index funds. But it’s also likely, if difficult to prove, that managers’ judgment calls deserve credit. Typically, parts of the market turn frothy in the late stages of a bull run (thin...