dogs of the Dow
n.pl.— «WI was thinking of the Dogs of the Dow, those high-yielding blue chips that gained notoriety nearly a decade ago.…The Dogs of the Dow system was invented a quarter-century ago by a money manager named Michael O’Higgins, who discovered a simple formula that was consistently beating the market as a whole. It works like this: At the start of each year, invest equal amounts in the 10 stocks with the highest dividend yields among the 30 stocks of the Dow Jones industrial average. At the start of each subsequent year, sell those 10 and repeat the process.» —“Bush Let the Dogs Out” by James K. Glassman National Review Online Jan. 14, 2003. (source: Double-Tongued Dictionary)
Further reading
If you speak a second or third language, you may remember the first time you dreamed in that new tongue. But does this milestone mean you’re actually fluent? And a couple’s dispute over the word regret: Say you wish you’d been able...
While reading Great Expectations (Bookshop|Amazon) by Charles Dickens, a listener in Arlington, Texas, is surprised when one of the characters inherits some money, which Dickens describes as a cool four thousand. Were they really using cool that way...