Word: gambler
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...Nino symposium held at headquarters in Boulder, Colo., University of Washington atmospheric physicist Edward Sarachik suggested that people most affected by the ENSO cycle--not just farmers and fishermen but also commodities traders, water-resource managers and insurance underwriters--should look at a prediction the way a savvy gambler might look at a set of dice that turns up snake eyes more frequently than expected. "You wouldn't want to bet $100 on the first throw," he notes. "But if you bet $1 on a hundred throws, you'll come out ahead...
...JAMES GOLDSMITH, 64, billionaire financier; of a heart attack after a long battle with cancer; at his villa near Malaga, Spain. Goldsmith made his nut with pharmaceuticals and groceries and parlayed it into a fortune as a corporate raider in the '80s, acquiring high-profile targets. A legendary gambler, his business motto was "If you can see a bandwagon, it's too late to get on it." Late in life he started one of his own, founding Britain's Referendum Party, which opposed the European common currency. His warm and very extended family included his third wife, who lives...
...with her first husband Gaby, a professional backgammon player, surfaced in the tabloids. Clark explains how hard this hit her: "I was a survivor. I had surmounted my personal difficulties through acts that took considerable initiative and will. In the summer of 1994, I was not Marcia Kleks, the gambler's girlfriend. I was a lawyer--an intelligent and accomplished one, at that. I was a damned good mother. And everything admirable that I'd accomplished seemed threatened by this disturbing and unsolicited celebrity...
DIED. ROGER BROWN, 54, hoop star dubbed Man of a Thousand Moves who helped lead the Indiana Pacers to three American Basketball Association championships after he was barred from the N.B.A. for associating with a gambler; of liver cancer; in Indianapolis, Indiana...
Today Ho is still something of a gambler, though in a very different field and for much bigger stakes. The director of the Aaron Diamond AIDS Research Center in New York City, he has come up with a daring strategy for flushing out the virus that causes AIDS. As he explained at the 11th International Conference on AIDS in Vancouver, Canada, last summer, Ho (like more and more doctors) is using powerful new drugs called protease inhibitors in combination with standard antiviral medications. But unlike most doctors, he gives the so-called combination therapy to patients in the first...