Are great leaders born, or are they made through offbeat jobs? Let's have a look.
Constant news of layoffs, pay cuts, and stock declines has all of us tightening our belts: A recent Money poll found that in light of the financial crisis, 89% of us are changing the way we manage our finances, and 88% plan to be more frugal.
Let's say you work in an industry that's been hit hard by the economic downturn, and you're watching competitors downsize left and right. You're pretty sure that layoffs are headed to your place too, and fast. What's your best strategy to keep your job?
My Rolls-Royce is a lot more expensive than your Buick. A pint of Ben & Jerry's costs double the A&P generic brand. That makes sense. But when it comes to college tuition, the difference between the Harvards and the Podunks is not nearly so great.
It's the annual ritual: First come the pitchers and catchers, next the position players, and then right on their heels, quicker than you can say "Alex Rodriguez" or even "anabolic," the baseball book season.
The great-grandson of Apache warrior Geronimo argues in a lawsuit that a secretive society at Yale University holds the remains of his great-grandfather.
David Swensen, chief investment officer at Yale University since 1985, manages its $17 billion endowment, which is known for consistently outperforming the market. In fact, it averaged returns of 17% annually over the past 10 years.
For nearly a half-century, some of college football's greatest players didn't have the opportunity to vie for what has become the sport's most prestigious piece of hardware: the Heisman Trophy.
Making the argument that Yale has the upper hand in its football rivalry with Harvard is not exactly a Sisyphean task. All you have to do is give the boulder the lightest of taps, and off it goes, up the hill and down the other side. First proven long ago, and confirmed so frequently over the years that it has entered the realm of fact, here's my list of ways in which Yale is superior to Harvard, as the universities prepare for the 125th playing of The Game.
You could blame weeds, trees, and grasses if you start itching, sneezing, coughing, and wheezing this fall. But the usual suspects aren't the only triggers. A host of household items -- candles, chemicals, stuffed animals, and spices -- may be the real culprits.
Are great leaders born, or are they made through offbeat jobs? Let's have a look.
Constant news of layoffs, pay cuts, and stock declines has all of us tightening our belts: A recent Money poll found that in light of the financial crisis, 89% of us are changing the way we manage our finances, and 88% plan to be more frugal.
Let's say you work in an industry that's been hit hard by the economic downturn, and you're watching competitors downsize left and right. You're pretty sure that layoffs are headed to your place too, and fast. What's your best strategy to keep your job?
My Rolls-Royce is a lot more expensive than your Buick. A pint of Ben & Jerry's costs double the A&P generic brand. That makes sense. But when it comes to college tuition, the difference between the Harvards and the Podunks is not nearly so great.
It's the annual ritual: First come the pitchers and catchers, next the position players, and then right on their heels, quicker than you can say "Alex Rodriguez" or even "anabolic," the baseball book season.
The great-grandson of Apache warrior Geronimo argues in a lawsuit that a secretive society at Yale University holds the remains of his great-grandfather.
David Swensen, chief investment officer at Yale University since 1985, manages its $17 billion endowment, which is known for consistently outperforming the market. In fact, it averaged returns of 17% annually over the past 10 years.
For nearly a half-century, some of college football's greatest players didn't have the opportunity to vie for what has become the sport's most prestigious piece of hardware: the Heisman Trophy.
Making the argument that Yale has the upper hand in its football rivalry with Harvard is not exactly a Sisyphean task. All you have to do is give the boulder the lightest of taps, and off it goes, up the hill and down the other side. First proven long ago, and confirmed so frequently over the years that it has entered the realm of fact, here's my list of ways in which Yale is superior to Harvard, as the universities prepare for the 125th playing of The Game.
You could blame weeds, trees, and grasses if you start itching, sneezing, coughing, and wheezing this fall. But the usual suspects aren't the only triggers. A host of household items -- candles, chemicals, stuffed animals, and spices -- may be the real culprits.
A new study finds that temperature plays a significant role in shaping our responses to people
Imagine that the Man Upstairs is really, really pleased with you and has decided to make you fabulously wealthy. How would He do it? The simplest way would be to give you a bunch of no-brainer opportunities to make a killing on stocks and bonds. Then He'd put on this earth a host of suckers willing to take the opposite side of your bets.
Oliver Stone's biopic of the President leaves its central figure a mystery and the moviegoer unmoved
English majors getting tired of Shakespeare and Wordsworth will soon be able to turn to Yale's libraries for a poet of different kind altogether: Osama bin Laden.
We asked some additional writers to weigh in with their favorite venues: Harvard Stadium Boy and man, undergrad and ancient grad, I've been attending games at Harvard Stadium since 1959. In typically Harvardian fashion (Class of '73), let me be overweeningly prideful about the place: It is no less than hallowed ground. Foremost, it is, like so much connected with the school, the first -- the nation's oldest stadium, built in 1903. It is also important. In 1906, when football was in danger of being abolished because of its fatal violence, Yale's Walter Camp proposed widening the field to open up play. But the stands at Stadium were immovable, so the forward pass was introduced instead. (So, you can blame Harvard Stadium for Terry Bradshaw.) More than that, though, in its current incarnation -- a modest 30,898 seats, filled (if then) only biennially for The Game with Yale -- Harvard Stadium is football on a perfect scale. With the stands snug to the field, every seat is a good
Three prizes worth $1 million apiece were awarded Wednesday to seven scientists for their discoveries in neuroscience, astrophysics and the study of vanishingly small structures
Can we all just stop the silly nonsense over who is an elitist and whether an "average American" will occupy the White House?
A new Yale study suggests Americans may be getting less tolerant of fat people. At least, that's what fat people think
Jennifer Staple runs the Unite For Sight program which started in the U.S., but has branched out into working overseas.
J.K. Rowling has retired Harry Potter, but the fictional boy wizard lives in on college classes across the country where the children's books are embraced as literary and academic texts.
It's 5 p.m., the deadline for an important work project is at 6, and all you can think about is the fight you had with the next-door neighbor this morning. You're dwelling, says Susan Nolen-Hoeksema, Ph.D., a professor of psychology at Yale and author of "Women Who Think Too Much."
Al Gore may have won the Nobel Peace Prize, but Internet data shows that the public still has a lot to learn about climate change
Jennifer Staple runs the Unite For Sight program which started in the U.S., but has branched out into working overseas.
Looking for some offbeat ways to spend a day in New England as the final weeks of summer give way to the golden days of autumn?
South Korea's top universities said this week they will set up a system to detect academic fraud after a disc jockey, a revered Buddhist monk and an aging actress were swept up in a fake-degree scandal.
When you first meet Mohamed El-Erian, 48, who heads up Harvard University's $30 billion endowment, two things immediately strike you: First, he's incredibly sharp, particularly when it comes to highbrow things like geo-political economics; second, despite being one of the world's most respected money managers, he's the antithesis of a hubristic hedgie or swaggering Wall Streeter: the Oxford and Cambridge-educated Egyptian is enormously polite and charming.
We don't know what Eddie Lowery or Rodney Dangerfield or Byron Nelson thought about the game in the gathering darkness, but we do know what Tom Hearn thought. He was an insurance man and a duffer, and John Updike would have put him in his novels had he ever known him. Tom Hearn spent a day when his days were numbered assessing how golf fit into the last 66 years of his life, the freckled early ones and the speckled ones at the close.
Back when the members of the upcoming crop of college freshmen were smearing their high chairs with strained peas, no sane parents could have predicted that paying for their kids' education would cost as much as a fleet of new cars.
WHAT'S YOUR NUMBER--how much money do you need to retire on? The conventional wisdom is that you'll need 70% to 75% of your pre-retirement income to maintain your standard of living after you stop ...
A $500 SAT class? A private counselor for $30,000? If that's what it takes. Anything to get my baby into Yale.
It's the summer before your senior year, and you're sweating.
If we are what we eat, why do we eat what we do? That question has puzzled scientists - not to mention big food companies - for decades, but new research continues to shed light on this fascinating mystery of human behavior.
Yale University pulled out its $500 million investment in the UK-based Children's Investment (TCI) Fund Management LLP, after concerns that the university's position in the hedge fund had grown too large, a newspaper reported Wednesday. The university's $200 million investment more than doubled since January 2004 when Christopher Hohn launched the fund, according to the Wall Street Journal.
Yale University's Sage Hall is a long way from Alburgh, Vermont, a tiny agricultural hamlet that sits on a peninsula jutting southward from Canada into frigid Lake Champlain.
If you want to know where real estate prices are headed in California's Orange County, the man to talk to is Gary Watts. The Mission Viejo broker has 35 years of experience and doubles as a spokesman for the O.C.'s Association of Realtors.
If you want to know where real estate prices are headed in California's Orange County, the man to talk to is Gary Watts. The Mission Viejo broker has 35 years of experience and doubles as a spokesm...
Dr. When most kids were learning to ride bikes, little Frank J. Rauscher III was learning the ins and outs of a cancer research lab.
The most richly endowed colleges and universities in North America got even richer in the 12 months ended June 30, according to the latest data available from the National Association of College and University Business Officers.
ON A HAZY AFTERNOON IN LATE August, two of the most successful moneymen of our age made their way among the steep bunkers and double-blind holes of the venerable Yale Golf Club. Their showdown wasn't much of a contest: Host David F. Swensen, who runs Yale University's $15 billion endowment, shot "somewhere in the 90s," he says. His longtime friend and rival Jack R. Meyer, manager of Harvard's $22 billion endowment, shot a 76. "Jack's a spectacular golfer," Swensen admits. "He crushed me." When it comes to running money, though, Swensen and Meyer are much more closely matched. Swensen, 51, has managed Yale's endowment for two decades and built one of the most spectacular investment records on the planet--up 16.1% a year (while the S&P 500 index gained 12.3%). "Yale has the best returns of any endowment anywhere," he is quick to tell you. Meyer, 60, can't argue with that. Since he got the job at Harvard in 1990--thanks in part to a glowing recommendation from Swensen--he has trailed his Connecticut riva
AS ANY LONDONER WITH A LICK OF sense will tell you, house prices in the British capital--up 200% over the past decade--are overdue for a correction. And thanks to the miracle of modern derivatives ...
In his 2000 bestseller, Irrational Exuberance, Robert Shiller argued that Americans had become overly obsessed with the stock market. Now the Yale economics professor sees signs of a similar obsess...
So many investors--maybe even you--bought into some wild notions about stocks in the headiest days of the bull market. Today, perhaps a bit poorer, you're certainly wiser.
Quit worrying. If you're choosing among the 25 schools in this guide, you're going to get a great education. These schools attract the best of the best: The professors are top-notch, and the studen...
Biotech is booming again, and the scramble among states and cities to lure life-sciences firms and their young, affluent workforces has intensified. But attracting biotech can be an expensive and r...
If the world seems to have surrendered to its inner Easy Rider lately, take note: Harley-Davidson is turning 100, and everyone's invited to the party.
If the world seems to have surrendered to its inner Easy Rider lately, take note: Harley-Davidson is turning 100, and everyone's invited to the party. Shareholders are already celebrating. As of Ju...
If the world seems to have surrendered to its inner Easy Rider lately, take note: Harley-Davidson is turning 100, and everyone's invited to the party.
Fred Smith may have stuck with the same company for 31 years, but don't call him inflexible. Since he founded Federal Express in 1971, he's kept his business nimble, always changing to meet the dem...
Consider the following four dead-end kids.
Last April the global head of recruiting at A.T. Kearney crowed to FORTUNE about the gaggle of MBAs who were ditching the derailed dot-com train to come work for his consulting firm. Bob Chrismer e...
It's not the type of investing you should try at home, but Yale University has managed what few other schools have.
Let's face it: Snoring is embarrassing. No one wants to picture him- or herself supine, slack-mouthed and roaring away like a chainsaw. But about 40 million Americans do it--and for as many as half...
I'll be wearing a bow tie," Chris Whittle had said as we were making plans to meet for a drink. That struck me as a tad disingenuous. With his trademark neckwear, floppy Hugh Grant haircut, and gla...
Picture this: First, a Maria Bartiromo stand-up outside the Fed. Mark Haines follows by grilling the City of Tulsa Comptroller on whether a new transfer station will speed up the rate at which tras...
Once upon a time there was a very big corporation, and it needed a new Chief Executive Officer. The old CEO was doing a perfectly good job, and the company was going along fine, but the corporation...
How much will stocks return in the future? Few questions are more important to investors--and few are harder to answer.
STOCKS K Mart (a gift from Mom)
For America's high school seniors, April is the cruelest month. That's when colleges flood the postal system with news of who has won a place in next fall's freshman class. For more than a few fami...
From the moment in 1914 when the first paying passenger boarded the first scheduled commercial flight--a 20-minute hop across Tampa Bay on the St. Petersburg-Tampa Airboat Line--aviation has been a...
At 16, Katherine Haynie put together a car stereo and fell in love with audio engineering. So when she applied to college, she set her sights on the prestigious Massachusetts Institute of Technolog...
Everyone who has ever read a mutual fund ad recognizes this disclaimer: "Past performance is no guarantee of future results." But investors routinely ignore those eight little words. Consider:
Charitable giving is a lot like investing: you want to put your money where it can make the most of itself. That's precisely the problem with my alumni contribution. Yale has done so well with its ...
While other publications simply attempt to tell you which colleges are the strongest academically, we set out to identify the 150 best college buys--the schools that deliver the highest-quality edu...
WHILE OTHER PUBLICATIONS SIMPLY ATTEMPT TO TELL you which colleges are the strongest academically, we set out to identify the 100 best college buys--the schools that deliver the highest-quality edu...
While other publications simply attempt to tell you which colleges are the strongest academically, we set out to identify the 100 best college buys -- the schools that deliver the highest-quality e...
LOITER in the impressive antechambers outside a business school dean's office, and odds are good your attention will fall on a row of framed pictures -- former deans. The images are amusing at firs...
Dear Statperson: At the present inst., I still count myself a survivor of the Yale class of 1950. This was the first big postwar gathering, and because of all the veterans, the oldest ever. (Median...
More than ever, the upper middle class is synonymous with the stressed-out class. Their bosses are overloading them with work, their subordinates are grousing, and the manager down the hall just go...
Is it or isn't it okay to say ''freshman''? Our country needs to know. Increasingly suspect because of those three nasty letters at the end, the term is causing attacks of nerves in our educational...
Most major private universities are holding fee increases for next year to about 6%, the lowest in two decades. Still, that's twice the rate of 1992 inflation. And Yale University has the dubious d...
The next millennium is still seven years away, but authors are already lining up to tell us what it will look like -- and how to get ready for it. Here's a look at three of the more notable recent ...
Tim McCormick's march to college began in seventh grade, when teachers at his Portland, Ore. middle school chose him to take the Scholastic Aptitude Test, which is usually given to college-bound hi...
Kristin Lindeberg, 18, of Minneapolis could have gone to the well-regarded University of Minnesota (in-state tuition and fees: $3,289). But the school had proposed dropping its humanities departmen...
The tables on the following pages deliver basic information you need to size up 1,000 public and private four-year colleges and universities that welcome students without regard to their religious ...
Marianne Ragins has what it takes to triumph in today's race for financial aid: a real need for money, coupled with brains and persistence. Ragins, 18, one of five children of a widowed seamstress,...
Aeroflot? A ''flying slum.'' Eastern Air Lines: ''Shoot it out of its misery.'' Holiday Inns: Okay for sleeping -- but ''don't eat the food.'' Clearly the three-volume Zagat U.S. Travel Survey, sou...
IF YOU WANT to become chief executive of a FORTUNE 500 company, where should you go to college? Judging by past performance, you'd better practice singing ''Boola Boola'' and tune up your Whiffenpo...
WITHIN THE thriving business of suing people -- what you might call the disservice sector of the American economy -- expert witnesses occupy a fast- growing and controversial niche. Hardly a liabil...
A PLANE RIPS open like a sardine tin in mid-flight, spilling an unfortunate stewardess to her death. Just about every aircraft you board seems packed. Just about every flight seems late. The attend...
TSUTOMU TANAKA, 39 BANK OF CALIFORNIA Tom Tanaka, head of Bank of California's capital services and consulting division, is a kikoku-shijo, meaning in Japanese ''a child returning home.'' Tanaka, w...
Just as overzealous retailers have pushed the Christmas buying spree into November, some Wall Street watchers worry that the vaunted ''January effect'' may also get earlier every year. For some tim...
What lengths these Yalies will go to for football glory. Joel Smilow, Yale '54 and CEO of Playtex, the recently restructured consumer goods maker, has just given his alma mater $1 million to endow ...
^ As never before, immortality is for sale. What kind? The kind that comes when a donor cements his name to an institution: Stanford University, Carnegie Hall, Rhodes Scholarships, the Pulitzer Pri...
ONCE UPON A TIME, late in the dizzy bull-market party of the Roaring Twenties, the chairman of Princeton University's investment committee, a banker named Dean Mathey, decided that the level of sto...
He was born in New York in 1926, took an undergraduate degree from Yale and a graduate degree from Harvard, lives on the East Side of Manhattan, and is president of a New York company. That, accord...
Karin Hamel, an industrial psychologist and consultant in Washington, D.C., tells of a shock sustained recently by one of her corporate clients. The company decided that it needed to get rid of hun...
Uncle Sam wants MBAs for careers in public service, but yuppies are not ! signing up. The Yale School of Organization and Management, which celebrates its tenth anniversary November 15, has fallen ...
With today's college-age generation 15% smaller than it was in the peak years of the mid-1970s, you might expect that joining the freshman class of the best schools would be easier to achieve. Surp...
Striking secretaries at Yale recently threatened to bring the 284-year-old university to a standstill over what they saw as discrimination in wages favoring men over women. Female workers in Washin...
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