Word: acumen
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...wouldn't touch most cable stocks because of the debt. But then he's never dabbled much in technology stocks because he finds them confusing. Gates, on the other hand, knows a thing or two about the information highway. He may not have Buffett's stock-market acumen. But Supergeek owns the market for cybersense...
DIED. ELBRIDGE DURBROW, 93, shrewd diplomat who for all his acumen could not maneuver the U.S. out of intemperate relations; in Walnut Creek, Calif. From the Moscow embassy, Durbrow witnessed the beginning of the cold war in the late 1940s. War seemed to shadow him; in 1957 he became ambassador to South Vietnam just in time to watch that region move toward conflagration...
...RADEK, 54 A founding member of Justice's public-integrity section in the aftermath of Watergate, Radek supervises Ingersoll's team. An even-tempered, down-to-earth Chicago native, he is known for his street savvy, lawyerly acumen and good judgment. After suffering a heart attack in the early 1990s, he has slimmed down and forsaken the cheap cigars whose stench once pervaded the office. He is passionate about golf (but has little time to play), and his Elvis impersonations for the public-integrity support staff at Christmas are legendary...
...create a small fortune? Start with a large one. The late Pamela Harriman, British-born U.S. ambassador to France, went through money faster than husbands, and her amazing social and political skills stood in stark contrast to her investing acumen. She seems to have squandered most of the more than $100 million she inherited from her third husband, New York Governor and Ambassador W. Averell Harriman. Her estate: some $15 million to $20 million, mostly in jewelry, property...
...some more painfully than others." Leon Panetta, Clinton's first budget director, wielded similar clout by virtue of his mastery of fiscal arcana, his understanding of Capitol Hill and his rapport with Clinton. When Panetta was elevated to chief of staff, however, his replacement, Alice Rivlin, lacked the political acumen to translate her economic credentials into real sway. She was not even invited to the negotiations with G.O.P. congressional leaders during last winter's government shutdown...