Word: 4s
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...roar of air strikes and the concussions of 2,000-lb. bombs in the mountains were good for morale. B-52 bombers, F-16 and F-18 fighter-bombers, and AC-130 and AH-64 gunships were pulverizing caves and crags. Perez's men set their M-4s to fire single shots instead of three-bullet bursts. "Perez was controlling his rates of fire, pointing out targets, just doing an awesome job," Grippe says. Kraft, the company commander, was impressed. "Here's a staff sergeant, stepping up and doing the job of a lieutenant who has gone through years...
...shooting--and he seemed to be spotting for a mortar unit. He'd wave and flip his middle finger at the Americans before ducking back inside his stone nest. He continued to elude U.S. fire until Perez teamed up with Sergeant Jerry Higley, another squad leader. Their M-4s didn't have magnifying scopes, and the distance and rising trajectory of their bullets made hitting the sniper a challenge. So the two sergeants began working together. Higley squeezed off rounds as Perez used his binoculars to follow the tracers and watch the bullets hit the snow and rocks...
STOCK ON WOOD You'd expect hard assets to do well in a down market, so here's a suggestion: 2-by-4s. Companies that harvest trees for lumber are amassing impressive records on the Street. Returns on timber investments were up 4.2% last year, while the S&P sank 9.1%. In the past 30 years, the annual average return on timber was 15.2%, against 13.2% for the S&P 500 index. Behind the strong performance: a resilient home-building sector. If housing stays strong, so will timber. As there's no mutual fund that's a pure play...
...available outlet in the house to the garage, and a black hole gaped through the ceiling--this was where a potbellied stove had been ripped out to make more room. To save money, Bezos went to Home Depot and bought three wooden doors. Using angle brackets and 2-by-4s, he hammered together three desks, at a cost of $60 each. (That frugality continues at Amazon to this day; every employee sits behind a door desk.) MacKenzie agreed to work with the crew a few days a week, helping out with accounting and interviewing--the latter chore often conducted, cheekily...
...last week, when lawmakers got word that two of the Army's key divisions rated C-4s in October, Capitol Hill quickly took on the aura of an unhappy dinner table on report-card night. Who was to blame? Republicans pointed fingers at the Clinton Administration, complaining that Democrats had once again underfunded defense. "Over the past several years, the readiness of the Army has been deteriorating as a result of insufficient funding and a foreign policy that has committed military personnel to areas where we have no vital security interests," said Senator James Inhofe, the Oklahoma Republican who heads...