Mutual fund managers are trapped in this rather deadly vicious circle: the more successful they are, the more money flows into their mutual fund. Then, it is more difficult for them to beat the market averages or even to match their own past performance. ↗
Last year, New York got $200 million. This year, we're going to give them $124 million under this particular program. But last year was an artificially elevated number to make up from the very low grant the year before. ↗
I'm Chinese-American, of course, and so it's very interesting to see China actually launch their own astronauts, becoming the third nation, following the United States and Russia, to do so. ↗
Terrorism takes us back to ages we thought were long gone if we allow it a free hand to corrupt democratic societies and destroy the basic rules of international life. ↗
Parenting, as an unpaid occupation outside the world of public power, entails lower status, less power, and less control of resources than paid work. ↗
The path I am trying so hard to follow is in fact the one that God my Father and His Son Jesus Christ want me to pursue. It has brought me deep happiness. ↗