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— Margo Jefferson"No one expects a Broadway musical comedy to be in the vanguard of what is bohemian, raunchy, folkloric, academic or aggressively experimental. That is not its job. Its job is to synthesize musical and social traditions with high-styled vivacity, especially those that dwell on different sides of the tracks in real life. The highbrow meets the lowbrow; sweet meets hot; uptown, downtown, all around the town."
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Innovation is a twofold threat to academic mediocrities: it endangers their oracular authority, and it evokes the deeper fear that their whole, laboriously constructed intellectual edifice might collapse.
— Arthur Koestler
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I buy stocks when they are battered. I am strict with my discipline. I always buy stocks with low price-earnings ratios, low price-to-book value ratios and higher-than-average yield. Academic studies have shown that a strategy of buying out-of-favor stocks with low P/E, price-to-book and price-to-cash flow ratios outperforms the market pretty consistently over long periods of time.
— David Dreman
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