Word: hunting
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Dates: during 1990-1999
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...that early lead, amassing a base of 4.5 million customers that is the envy of the "e-tailing" world. Service has been its secret weapon. Its website deftly mixes simplicity with depth, offering book reviews and personalized recommendations. Orders automatically generate a thank-you e-mail. And Amazon will hunt down any title you can't find, even out-of-print books, with the friendly zealousness of a small-town Midwesterner giving you directions to the doughnut shop. "Word of mouth is incredibly powerful online," explains Jeffrey Bezos, 34, Amazon's founder and CEO. "A dissatisfied customer can tell...
...know people who hunted for a long time and then gave it up, or now hunt only with a bow and arrow, a more interesting challenge. But they do not, like the animal-rights advocates, get political about it. One friend of mine carries only a pistol with him when he walks in the woods; he uses it to administer the coup de grace to deer that sloppy hunters have merely wounded. For myself, I sometimes wish that hunting were catch-and-release, that, as I do when muskie fishing, I could somehow throw the deer back...
...week ago, I went fishing with friends in the marshes of Plaquemines Parish near my old hometown of New Orleans. It was the opening of duck-hunting season, and folks were out with their kids for what has become a ritual among many baby-boom parents. I was particularly interested because assistant managing editor Dan Goodgame, who grew up hunting nearby in southern Mississippi, had suggested we do a story on an issue many parents now face: Is hunting a good thing to teach our kids? "People who hunt get something valuable out of it that doesn't translate well...
...environmentalists, yet it sometimes feels jarring to watch them trying to instill a love of nature in their kids while also teaching them to shoot animals. My eight-year-old daughter is a fanatic nature lover who also likes to fish, and someday she may want to learn to hunt. Our Lance Morrow, who is as comfortable with nature as with ethical dilemmas, decided to take on the topic...
...Contrary investing is an art. Big money can be made betting against the herd. But the herd often gathers considerable momentum. The art is in knowing when it's running out of steam. If, like Tisch, you're right but early, you may pay dearly. Instead, try value investing: hunt for solid stocks whose prices are low relative to their book value or expected earnings. Such stocks will probably rise, and if they fall, won't fall...