Autumn 2000

  • Autumn 2000

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In this issue

  • When Shareholders Lose Their Patience

    For the past generation or so, Dow Jones and Co. has enjoyed a Jekyll-Hyde reputation as (a) the publisher of a great newspaper—the Wall Street Journal—and (b) a company with mediocre stock returns. Both identities sprang from a single source: the hands-off approach of the controlling Bancroft family—the heirs of publisher Clarence W. Barron—who left the company's management to good journalists and demanded little return on their investment.

  • Making the most of teenagers

    Recent research supports what you and I have long suspected: The human brain isn't fully developed at age 16 (when your darlings may legally drive 5,000-pound vehicles at 65 miles per hour), nor at 18 (when they're entitled to choose the leaders of the Western world), nor at 21 (when they can legally purchase alcohol).

    Even though our children mature physically earlier than previous generations, and their hormonal development seems increasingly precocious, the human brain isn't fully mature until about age 25.

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