Word: conceptive
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Mickelson's passions are diverse: family, flying and the unified theory of the universe. He's a fan of physicist Stephen Hawking. "I find it very fascinating[the concept of] traveling at the speed of light and how the aging process ceases and how the planet has been extinct 20 different times," he says. "It's just a much bigger picture than the here and now." One of Mickelson's closest friends on the tour, Davis Love III, chuckles at his pal's cosmic ruminations. "Basically, I'm like, 'What the hell?'" he says. "Obviously, he's a very smart...
Even if Buffett emerges clean, as many believe he will, the concept of a revered, trust-me CEO is RIP. For decades, Wall Street prized corporate leaders who could dip into their financial black box and deliver steady, no-surprise earnings, even if investors had no idea precisely how those magic numbers were reached. That changed after dazzling bookkeeping (later found to be fraud) at Enron and WorldCom led to the destruction of billions of dollars of wealth. In today's regulatory climate, uncanny consistency invites scrutiny...
...Caf?, tel: (45) 3535 2672, Rasmussen might be right. In a colorful setting of red lamps, red booths and coffee-colored walls, you can wash your clothes or pore over any of 4,000 secondhand books on sale. Icelandic owner Fridrik Weisshappel J?nsson says people have warmed to the concept "because modern-city living places importance on saving time, and here they can have lunch and do a daily chore...
...caf?, which is full of their customized flea-market acquisitions, last July, and virtually everything is up for grabs. "You can basically buy everything except the bartenders," says Daniel, who sees himself as part of a new movement of caf? innovators in Copenhagen. "We recognize there's a concept that links us and we see each other less as competitors and more as colleagues." Injecting a note of cooperation into the cutthroat world of the restaurant business? Now that's an unlikely fusion...
Most people—among all age, economic, and ethnic demographics—who initially support the concept of private accounts change their minds when they learn more about the likely consequences of implementing them. They overwhelmingly support making less severe changes to the program, and sooner rather than later. Younger voters (those aged 18 to 39) tend most to like private accounts, but not if it means large cuts in Social Security benefits or massive government borrowing...