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...Political Elite Regarding "A Bitter Lesson" [April 28]: The pundits were frustrated when they couldn't label Barack Obama a racist, so they came up with élitist as an otherwise suitable condemnatory epithet. For heaven's sake, the man is running for President of the U.S., not chairmanship of the bowling league. An élitist is surely someone who has an appreciably wider field of taste, interests, education and comprehension than the average person. Like most of our great Presidents. Isn't that what the country desperately needs after eight years of the cowboy populist? John W. Gray, Toronto...

Author: /time Magazine | Title: Inbox | 5/8/2008 | See Source »

...learned from this is, in any confrontation, turn to the side. If someone says, 'You son of a bitch,' is he hurting me? Let the argument go. Take the fight out of your expression. No one ever won a fight by looking tough. It's a good lesson in life, and I'm still working on it," he says before failing a little bit and making passivity sound Mametian. "Now I can say, 'I see you're distressed with me. You're angry with me. Is there anything else...

Author: /time Magazine | Title: Martial Arting With David Mamet | 5/8/2008 | See Source »

Eight years ago, Mamet gave me the most useful writing advice anyone ever has: People say things only because they're trying to get something. And now he tells me the most important lesson from jujitsu: "Never, ever turn your back to someone." And right then I realize that even though one of the writers I most admire in all of history is in better physical and intellectual shape than I am, I wouldn't trade places. I'd rather be mugged by Shakespeare than walk backward through life...

Author: /time Magazine | Title: Martial Arting With David Mamet | 5/8/2008 | See Source »

...necessary. "You read all these things" about the markets, says shareholder Kip Van Kempen, an insurance broker from Toronto, "and you don't want to be in housing; you don't want to be in U.S. equities. Buffett reminds you not to panic, to be patient. That's a lesson you don't hear very often...

Author: /time Magazine | Title: Postcard: Omaha | 5/8/2008 | See Source »

...crime, it's the cover-up. In politics and in marriage, the old lesson applies. And this provocative new book makes a compelling case that financial infidelity--lying to your partner about how much you spend, secretly playing the stock market or piling up debts--can be just as damaging to a relationship as adultery. "The dangerous thing about financial infidelity," writes Weil, "is not the secret itself, but the act of conscious deception in a relationship." Weil, a psychologist in New York City with 30 years of experience counseling troubled couples, takes an uncompromising position: "There's no such...

Author: /time Magazine | Title: Business Books. | 5/1/2008 | See Source »

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