Word: bottomly
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Dates: during 2000-2009
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Adelson says that Wynn misses the point in Macau. Although he concedes that Wynn "does a very good job at the high end of the market" and "a good job at design," he adds that Wynn loses money on the bottom line. "Steve Wynn's objective is to get everybody to say he does a nice design and swoon over his design, and he obviously doesn't care about making money," says Adelson. "So why should I be concerned about a guy like that...
...this measure, the Venetian wins out, 30% vs. 12% to 14% for Wynn, but since Wynn's hotel is so much newer, he could catch up. Amazingly, Lerner expects Wynn's new Macau hotel to earn more than a 100% return--as Adelson's Sands already does. The bottom line is that running a casino in Macau is, as the sports books say, a lock...
...become a very tolerant man. His most stirring performance took place in 1988, when his son Matthew, then 2, fell into the family's pool. (Smith was an assistant at Arizona State.) Though afraid of water, Smith jumped in and pulled a tiny blue body from the bottom. MaryAnne's CPR resuscitated the boy. Matthew, now a student at Northwestern, had all but drowned. "I was no hero," Smith says. "I let my guard down. Luckily, we were able to make a wrong right...
This isn't to say that ethics-driven investing has to crimp your bottom line. Consider Winslow Green Growth, a small-cap fund that, as its name implies, specializes in globally eco-friendly companies. Winslow has returned an average 16.39% over the past five years, according to Morningstar, beating both the average SRI fund and market benchmarks like the Russell 2000 growth index and the S&P 500. Winslow president Jack Robinson is also earning a reputation as a savvy stock picker, green or otherwise. In its annual survey of equity funds, Barron's/Value Line ranked him the top manager...
...We’re very happy to be 5-0,” Murphy said. “The bottom line is, if you could have asked me back in August, ‘Would you be pleased and proud to be 5-0 at this stage of the game?’ I would have said, ‘Absolutely...