Word: einsteins
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...years are a blur of impressions now, filled with glimpses of professors and classes, friends and activities. I remember Nobel Prize-winning scientist George Wald, teaching Nat. Sci. 5, interjecting modestly upon occasion, “I knew Albert Einstein, you see. And I once told Albert...” Wald never lacked ego, but he was riveting...
...Einstein told us about light a long time ago - how it could travel no faster than 186,171 miles a second, how nothing could outrace it. How it was a wave and a particle all at once. How it was like God - to travel at the speed of light was to have infinite mass, and be everywhere at once...
Putnam, the president-elect of the American Political Science Foundation for 2001-2002, will join the NAS' ranks of a number of Nobel Prize winners, including Albert Einstein and James Watson...
...clueless are they? In a telling survey, Oppenheimer Funds found that 37% of holders felt they understood Einstein's theory of relativity better than their options. A shocking 11% said they had allowed vested, in-the-money options (those with immediate cash value) to expire and become worthless. The knowledge void has brought employee lawsuits, even bankruptcies by those who grossly mismanaged their windfall, losing all in the bear market...
...have to be Einstein to manage stock options if you keep things simple. They bestow the right to buy stock from your employer at a preset price by a preset time. If the market price is higher, you pocket the difference. If the price is lower, the options are worthless but cost you nothing. It's a great deal, reserved until recently for top execs as a very tangible incentive to get the stock moving higher. How to keep it simple...