SKARBECK: Short-term sizzle can’t beat consistency
To achieve outsized returns, whether in mutual funds or individual stocks, investors must avoid the hype and reliance on past outperformance.
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To achieve outsized returns, whether in mutual funds or individual stocks, investors must avoid the hype and reliance on past outperformance.
The problem is that the tanning tax fails every single criterion of effective tax policy. It is narrow, easily avoided, suffers
high administrative costs, and distorts consumer and producer behavior.
Timothy Walsh will take over a $68 billion pension fund, eight times larger than the $8.5 billion Indiana State Teachers Retirement
Fund he headed since 2008.
Dr. Bill Tierney will replace Dr. Tom Inui on Oct. 1 at helm of Indianapolis-based medical research organization.
Legendary former judge would prefer that three women—and a man—go to Daniels for a final choice.
Ladonna Dixon, 24, has sued the Indianapolis Metropolitan Police Department in federal court, claiming she was injured and
suffered a miscarriage after a beating during her arrest in June 2009. The suit claims Dixon was beaten by Officer Scott Childers
outside her home when she was arrested for arguing with him during a medical emergency. The department said it is reviewing
the arrest and will release more information once the review is completed.
Martinsville Candy Kitchen sits in the heart of downtown Martinsville and is known for its fine chocolate. That chocolate
turned into a gooey mess this week after the air-conditioner broke during the summer heat wave. The shop says it had no choice
but to close up until the air-conditioner can be fixed. The shop is a downtown tradition for Morgan County residents. The
late basketball coach John Wooden thought so much of the candy that he had it flown to him in California.
Ladonna Dixon, 24, has sued the Indianapolis Metropolitan Police Department in federal court, claiming she was injured and
suffered a miscarriage after a beating during her arrest in June 2009. The suit claims Dixon was beaten by Officer Scott Childers
outside her home when she was arrested for arguing with him during a medical emergency. The department said it is reviewing
the arrest and will release more information once the review is completed.
Three of the six additions are executives on loan from the Indiana Sports Corp. and the Indianapolis Convention & Visitors
Association.
A government safety agency has announced a recall of light poles that can crack and fall after 11 of them crashed at stadiums
and school gymnasiums over a decade-long period. Those poles are installed in several states, including Indiana. The Consumer
Product Safety Commission said there are more than 2,500 of the poles around the country. Manufactured by the now-defunct
Whitco Co. of Fort Worth, Texas, the poles can weigh between one and four tons. The commission said no one has been killed
by the falling poles, but several schools and outdoor bleachers have been “significantly” damaged. Fox59 will
have more at 4 p.m.
The spotlight has burned brighter and hotter on the NBA this summer than during any off-season in recent memory. But will
all the free agent hype light a fire under local hoops fans or just plain burn them out?
The Westfield planning commission has asked city employees to further review the 1,400-acre mixed-use project that could include
thousands of homes, shops, a YMCA and a baseball stadium.
Claims have fluctuated wildly in the past several weeks and have not dropped below January levels. Elevated unemployment claims,
along with last month’s weak jobs report and a struggling housing market, have economists worried the recovery is slowing.
Rep. Randy Borror of Fort Wayne is ending his re-election campaign to become a senior vice president for Indianapolis-based
Bose Public Affairs Group.
Indiana Community Business Credit Corp. alleges breach of contract after JP Morgan Chase auctioned off assets of American
Sentry Guard of Greenwood.
Saratoga Potato Chips plans to create 175 jobs in the northeastern Indiana city by 2013 and will begin hiring later this year.
Robert Nelms, ex-owner of cemeteries in four states, including Indiana, has been sentenced to between 32 months and 10 years
in prison for embezzling $4.2 million from a Grand Rapids cemetery.
Concentrics grows in spite of recession as drug companies look for help to handle patent expirations
Women are leading the movement toward healthful, organic food grown close to home. Farmer’s markets, CSAs, food co-ops are
sign of growing trend.