Goetzmann, Ingersoll, and Ross  provide a closed-form solution to the high-water mark
contract under certain conditions and show that managers have an incentive to take risks.
But by far the high-water mark
of McGinley's career to date is "The Kids Are Alright," an exhibition of 23 of his photos currently on display at the prestigious Whitney Museum of American Art.
The housing construction market is in good shape, but September was probably the high-water mark
The year, of course, was 1913 -- the high-water mark
of what economic historians sometimes call the First Global Economy -- and over the decades that followed all of its certainties were lost.
While Woods exults that ``Shark'' represents a high-water mark
in a career that won him two Prime-Time Emmys, a Daytime Emmy, a Golden Globe and two Oscar nominations, he concedes it comes at a bittersweet time.
The high-water mark
occurred in 2001 when 35 teams gained entry, just three more than this year.
It makes eminent sense that what was arguably the high-water mark
of American socialism occurred in the ruggedly self-reliant West.
The jobless rate also was reflected in Business Outlook Index, which climbed 5 points to 139, marking the fourth consecutive quarter that the index has increased, and surpassing the high-water mark
set in the third quarter 2004.
This sounds obvious, but in a way the real story of race in the contemporary South is what happened after the high-water mark
of the mid- to late-'60s -- after the March on Washington, and after the Lorraine Motel.