Word: betting
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...Making Jobs' bet even more dangerous is the fact that we're about to see a whole raft of devices coming out that could give the iPhone 3G real competition. Google's open-source operating system for mobile phones, Android, is just about ready to be shown off in many handsets, from makers such as HTC, Motorola, Samsung and LG Electronics. You can bet that many of those phones will be way cheaper than...
...guess the rest of the story. The dotcoms imploded; the price of oil climbed, climbed and climbed some more--and Rainwater's energy bet came to look like one of the better investment calls of our time. It has netted him about $2 billion, vaulting him from the mid-200s on Forbes magazine's 1999 list of the 400 richest Americans to No. 91 last summer (with $3.5 billion overall...
...bigger question is whether the now nine-year-long rise in energy prices is at a definitive end, and to that, Rainwater offers a clearer answer: No way. He began formulating his big oil bet after reading the 1992 book Beyond the Limits, a wonky, statistics-driven--and extremely frightening--follow-up to the famed and controversial 1972 Club of Rome report on resource depletion, The Limits to Growth. Since then he's remained an avid consumer of the more apocalyptic visions (war, global economic collapse) of what could happen as oil production peaks. "This is the first scenario...
...Patterns of civic engagement among young Americans do remain to some extent divided between this new cohort willing to bet on traditional politics to bring change, and those who prefer non-political engagement through volunteering, community service, and education work. Yet both are proven options, and both are far more effective than street theatre, or simple indignation. Today’s young people appear to have learned, from someone, that results matter. So, graduates from the past: take a lesson from the Class...
Since those days, Gates says his work with the BET president—who frequently returns to Harvard to discuss film—has convinced him that Hudlin is an “intellectual genius,” a “triple threat,” and a “pioneer...