Word: betting
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Dates: during 1980-1989
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...undisputed king of television listings and boast the largest circulation of any U.S. magazine, media experts concur that Murdoch is paying a premium price that will add to his already considerable debt load. But Murdoch, 57, has been a gambler since his teenage days, when he bet on cards and horses. And no one disputes that he has a keen eye for value. Says Peter Diamandis, a former publisher of New York magazine: "Murdoch continues to pay top dollar and succeed, so he must know something that we don't know...
...would have bet on Oprah Winfrey's swift rise to host of the most popular talk show on TV. In a field dominated by white males, she is a black woman of ample bulk (usually over 190 lbs., though she has lost 24 of them since starting a medically supervised all-liquid diet three weeks ago). As interviewers go, she is no match for, say, Phil Donahue, whose program was the obvious model for hers. What she lacks in journalistic toughness, however, she makes up in plainspoken curiosity, robust humor and, above all, empathy. Guests with sad stories to tell...
...tiny cell for 6 1/2 years and the murder of her daughter, Blake Hardy wrote, "I think that was horrible what they did to you, and for no reason at all! I feel that you are a very brave and courageous lady." Warren Driessen was blunt: "Sometimes I bet you would like to punch all those people." The children were struck by Cheng's assertion "I would rather die than tell a lie" and her refusal to confess to trumped-up charges...
This decade added wrinkles, such as computerized trading and increased use of sophisticated techniques for minimizing losses. One of the most popular examples is gambling on where Standard & Poor's 500 stocks are going. A successful bet that the index will fall could offset losses in declining stocks. Stock-index futures are traded much like any other commodity, except that they do not represent anything real, such as wheat, tin or pork bellies...
...that his new album, called Old 8x10 and just now in stores, might dislodge Always from the top of the country charts, where it has perched for almost a year. One million copies of Old 8x10 have already been ordered up by retail outlets, and reorders seem a solid bet. The record's blend of sweet vocals and straightforward sentiment should go down smoothly with Travis' growing number of fans...