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...capital, he set up an offshore investment fund that he dubbed Quantum. The name, a tribute to Heisenberg's uncertainty principle in quantum mechanics, was highly appropriate: Soros' investment philosophy is suffused with the belief that markets are constantly in a state of uncertainty and flux and that money is to be made by discounting the obvious and betting on the unexpected. Thanks to his special brand of financial alchemy, he appears to have discovered a modern-day philosophers' stone, not for turning base metal to gold but for turning risk into reward. The original Quantum Fund has spawned several...

Author: /time Magazine | Title: The Man with the Midas Touch | 5/31/1993 | See Source »

Although developers could still apply for a permit, she said the amendment sends bad signals in the market and "puts everything in a state of flux...

Author: By Paul Cohen, | Title: Alewife Project Almost Clear | 4/29/1993 | See Source »

Ryan's lament can serve as the one-sentence epitaph for major-league baseball: it's not the way it was growing up. Slowly but surely, this most memory-laden of sports, this pastoral isle in a world of flux, is being ripped from its traditional foundations. Watching his World Champion Blue Jays take batting practice, Toronto manager Cito Gaston mused about the eight free agents his team did not re-sign in the off-season, including future Hall of Famer Dave Winfield. "What disappoints me is all the guys who won't be there on opening...

Author: /time Magazine | Title: The Last Great Season | 4/12/1993 | See Source »

...long legal process by which the U.S. can dismiss a President, but Russian parliamentarians are also vague about the concepts of demokratiya, konstitutsiya and zakonnost (legality). Despite much ostentatious talk of legality, post-Soviet Russia is still a place where the law and its institutions are in flux...

Author: /time Magazine | Title: A Friend in Need | 4/5/1993 | See Source »

...fact, the key to cyberpunk science fiction is that it is not so much a projection into the future as a metaphorical evocation of today's technological flux. The hero of Neuromancer, a burned-out, drug-addicted street hustler named Case, inhabits a sleazy INTERZONE on the fringes of a megacorporate global village where all transactions are carried out in New Yen. There he encounters Molly, a sharp-edged beauty with reflective lenses grafted to her eye sockets and retractable razor blades implanted in her fingers. They are hired by a mysterious employer who offers to fix Case's damaged...

Author: /time Magazine | Title: Cyberpunk! | 2/8/1993 | See Source »

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