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Fourteen years of darts on Wall Street lead Malkiel to reassert stock theory

Fourteen years of darts on Wall Street lead Malkiel to reassert stock theory

Journalists are not monkeys, but they are pretty close. For the last 14 years, Wall Street Journal reporters have thrown darts at NASDAQ stock listings, choosing stocks to compete against the picks of professional investors.The test is an extension of University economics professor Burton Malkiel GS '64's book "A Random Walk Down Wall Street."The book states, "A blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by the experts."The Journal accorded Malkiel the honor of throwing the first dart and, 142 contests later, the experiment concluded last month.

NEWS | 05/07/2002

Student conservative groups decry liberalism, political apathy on campus

Though the University's long history gives it an air of traditionalism that contributes to the school's somewhat conservative reputation, conservative groups on campus disagree with the notion that Princeton is a conservative school.Peter Hegseth '03, publisher of the Princeton Tory, a conservative newsmagazine that prints several times each semester, said compared to the opinions of the average American, the views of University students are very liberal."Compared to a Harvard or a Brown, we have a conservative student body," he said, adding, however, that the leftist movements at those schools have become "very radicalized."Allison Ball '04, president of the College Republicans, agreed."Obviously a lot of the student body is liberal, and obviously a lot of the student body is apathetic about politics," she said, noting that the College Republicans have between 25 and 30 active members with an e-mail list of several hundred names.Another group, the Princeton Committee Against Terrorism, which was founded in response to the attacks of Sept.

NEWS | 05/05/2002

Parties result in 10 medical transports

Nearly a dozen students required medical transport by University and Borough authorities for intoxication during Houseparties weekend.Ten University students ? six females and four males ? were transported for intoxication, said Public Safety Sgt.

NEWS | 05/05/2002

Historian considers Wilson's view of today's Princeton for exhibit opening

A century ago, the appointment of Woodrow Wilson 1879 as University president signaled the greatest period of reform in the University's history and brought forth a vision that has come to define the institution.At his inauguration in 1902, Wilson saw a college trailing its rivals in academic prestige and helped transform it into a university unmatched in its focus on undergraduate education.

NEWS | 05/05/2002

Dining services adds student contest winners' recipes to menu

While FristFest gatherers waited in line for free cotton candy and popcorn on the South Lawn Thursday, Rosa Poetes '05 took center stage and raised a large cardboard check as an award for her mother's Mediterranean chicken recipe.As winner of dining services' "There's No Place Like Home!" recipe contest, Poetes won $250 toward the cost of flying her mother from Germany to Princeton to sample dining services' preparation of her family recipe on May 14, when all four award-winning recipes will be served.Dining services director Stuart Orefice said the purpose of the contest ? co-sponsored by the USG and open to undergraduate and graduate students who have purchased a meal plan with dining services ? was to add variety to meals as well as gain feedback from students."It's nice to hear from our customers ? our students," he said.

NEWS | 05/05/2002

Flower Market alleviates Houseparties anxiety with expert bouquet advice

For any University student attending a Houseparties ball, Marie DePinto is the fairy godmother of flowers.DePinto, who works at The Flower Market off Witherspoon Street, offers motherly wisdom to girls on boutonniere selection and helps boys decide whether to buy a corsage or a bouquet ? corsages are out, she says: relics of the '70s."Irises, Gerber Daisies, and Orchid buds will fall apart," she said.

NEWS | 05/02/2002

Prizes, awards given to students, faculty

Princeton students, faculty and a former president of the University have been collecting a bevy of honors, gaining recognition and financial support for a wide variety of projects.History professor Peter Lake, electrical engineering professor Vincent Poor GS '76 and politics professor Howard Rosenthal received the annual Guggenheim Fellowship.

NEWS | 05/02/2002

Professors discuss unexpected results of recent French primary election

A panel met yesterday to discuss and evaluate the recent presidential primary election in France, in the second bowl of Robertson Hall.In a vote that shocked French citizens and people around the world, Jean Marie Le Pen ? the far-right candidate with a history of staunch nationalism and Nazi sympathy ? defeated the popular Socialist candidate Lionel Jospin.

NEWS | 05/02/2002

University groundskeeper Consolloy has a tale for every tree

Ask Jim Consolloy about any plant on campus. The University grounds manager since 1989, he knows the stories behind virtually every tree and shrub.He is charged with envisioning and executing beautiful landscapes ? and making sure they are protected.He said proudly that he has bought every tree since he became grounds manager."It's a living campus.

NEWS | 05/02/2002

Relationship between education, race highlighted in West saga

Cornel West GS '80's departure from Harvard University and his appointment at Princeton last month reflect new dynamics in the relationship between race and higher education, according to social scientists and professors who have followed the West story in recent months.Personal disagreements between West and Harvard president Lawrence Summers, arising from Summers' questioning West's recent scholarship, have been widely cited as a major factor driving West to leave.But David Carrasco, a Harvard Latin-American studies professor and close friend of West, said differing views on the goals of education led to West's departure as much as Summers' questioning of his academic contributions."West embraces a love of knowledge and education," he said.

NEWS | 05/02/2002

TWC director Ducree seeks to help the underprivileged

Nestled in the row of stately mansions on Prospect Street one finds the unlikely Third World Center, soon to be renamed the Carl A.

NEWS | 05/01/2002

Summer program offers help to low-income high schoolers

Instead of working this summer, 44 local high school honor students from low-income families will study for six weeks at the University.The University Preparatory Program, a three-year program initiated last year by sociology professor Miguel Centeno, provides educational resources for Mercer County high school students from economically disadvantaged families.The program serves to help these students qualify for admission to top universities, where the competitive admissions process tends to favor students with financial advantages, Centeno said."The problem is that the competition for admission has become so intense that anyone from the working class or below is working at a very serious disadvantage because of the advantages that class provides," he said.This year 21 rising sophomores, chosen on the basis of socio-economic level and performance on the Grade Eight Proficiency Assessment standardized test, will join the 23 rising juniors returning from last year.The students are taught by local high school teachers under the guidance of the University's teacher preparation program.

NEWS | 05/01/2002

Two University students to travel to Israel, discuss responses to terrorism

This summer Andrew Peek '03 and Sam Spector '03 will travel to the Middle East for an 18-day program on terrorist threats to democracy and freedom.Based in Israel, the program ? sponsored by the Foundation for the Defense of Democracy ? allows students to interact with political and military leaders from around the world.Along with 38 students from various universities in the United States and Canada, Peek and Spector will hear lectures from terrorism experts and officials from Israel, India, Jordan, Turkey and the United States.The stay in the Middle East begins a year-long fellowship sponsored by the FDD for the students to raise awareness about the threat of terrorism."I think its an incredible opportunity to be able to spend time in Israel, which is at the front lines, as far as I'm concerned, of the war on terrorism," Spector said.For both Peek and Spector the fellowship is a continuation of their University and extracurricular studies.Peek is majoring in politics with an emphasis on the Middle East.

NEWS | 05/01/2002

OIT uncertain how spammer infiltrated University directory

A yacht. A big yacht to sail to Greece.That was the request of Nathan Damianos in a mass e-mail sent to the entire University community Sunday.Titled "To the kind people of Princeton University," the e-mail directed readers to Ificandream.com and asked them to sign a petition to support his effort to buy a $1 million yacht and sail around the world.The mass e-mail left the Office of Information Technology confused about how Damianos infiltrated the directory and what changes they can make to prevent spam, or junk e-mail."What he is doing is reprehensible," said Rita Saltz, associate director of information services.

NEWS | 05/01/2002

Forum focuses on sexual harassment

SHARE, the Women's Center and several other campus organizations sponsored an open forum on the circumstances and options surrounding sexual harassment, Tuesday night in the Frist Campus Center.The forum, "Anything But an Open Book: Sexual Harassment in Academia," focused on defining and identifying sexual harassment, During a question-and-answer session that followed, panelists described the methods the University uses to prevent and combat sexual harassment."After reading the report [on women's issues] released by USG, I was shocked at how little people knew about sexual harassment," said Hannah Haviland '04, who organized the forum.

NEWS | 05/01/2002

Sigmund awards enable study in Latin America

This summer, Fernando Delgado '04 will teach children who live on the streets in Brazil. Lindsay Dell '05 will work in Bolivia to help women find jobs.

NEWS | 04/30/2002

Mayor seeks limit on freshman car owners

Each fall, entering freshmen bring many more college survival items than they need, lugging to campus stereos, clothing and of course, extra-long twin sheets.

NEWS | 04/30/2002

Underclassmen request 'facilities-free' housing in residential colleges

For his last assignment in WRI 106: Contemporary American Prose, Brian Muegge '05 wrote an opinion paper about the need for "alcohol-free" housing on campus.The secondary affects of some students' overconsumption of alcohol ? unclean housing and bathrooms, noise and harassment ? led him to write the paper, he said.After turning in the paper in January, he forwarded copies to various administrators on campus.

NEWS | 04/30/2002

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