Thursday's incident marks the second time a boat has capsized during practice for the 2013 race while attempting a bear-away.

WSJ: America's Cup Team Feared Capsizing

Artemis, a Swedish team, was performing a tricky maneuver called a bear-away, in which a boat turns away from the wind.

WSJ: Before America's Cup Capsize, Concerns About Safety

The Oracle team, like Artemis on Thursday, had failed to pull off the tricky bear-away move, said Mr. Spithill, the Oracle team skipper.

WSJ: Before America's Cup Capsize, Concerns About Safety

But the DJ Utilities Average plunged 60% in the 2000-2002 bear market, far and away offsetting any gains from dividends.

FORBES: Defensive Stocks Are Losers In Corrections, Too

State officials will intervene if there is a human-bear situation, with the aim of frightening the bear away or capturing it.

CNN: Wildlife rush for high ground in flood areas

They cannot bear to risk such capital losses again, so they stay away from equities and over-weight their portfolios with Treasury bonds and other conventional fixed income securities where they naively believe they cannot lose principal.

FORBES: Stocks And Bonds: Distortions Are Surfacing In The Markets