Word: isn
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Dates: during 2010-2019
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...comes down to price, valuation and long-term potential returns, says Icahn. But he quickly emphasizes that he isn't expecting a speedy bounce back in the battered sector...
...Icahn, this isn't his first foray into the casino sector. Between 2000 and 2006, he purchased four casinos - the Stratosphere, Arizona's Charlie's Boulder, Arizona Charlie's Decatur and Aquarius Casinos - for $300 million, and sold them for $1.2 billion in 2008 before the recession unleashed the worst of its fury. (The original price was $1.3 billion, but was adjusted down slightly at closing time.) "That's a pretty good reward for waiting, right?" says Icahn. "Hopefully history will repeat itself...
...that makes sense: money buys you things that make life easier and more satisfying; the easier your life, the happier you tend to be. That relationship isn't entirely linear, since there's a limit to how much wealth can please you; the happiness benefit of an increasing income is especially powerful among people who don't have much money to start with, and diminishes as wealth increases. But studies also reveal that as average income levels have risen over time - in the U.S. and European nations, for example - residents of those countries have not reported being any happier than...
...used to hustle on over the border for health care ... And I think, isn't that kind of ironic...
...This Isn't OverWhen the military commanders and counternarcotics officials finally agree on what to do with the poppy crop - McChrystal is likely to win that debate - they will confront the next challenge: getting the farmers to eventually grow other crops instead. The last time officials in Kabul tried to get Marjah farmers to switch to wheat cultivation was in 2008, when opium was selling at $75 a kg, a long way down from the peak of $250 a kilo in 2003. Even so, the farmers turned down subsidized wheat seed and fertilizer, believing opium would be more profitable. They...