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...going to fare very well. It's the old gambler's-ruin problem: you can only lose so much and you're not likely to keep making money indefinitely, so you're going to get wiped out eventually. But some players are big enough to triumph. They have low trading fees and get the best prices on their trades. They're the ones definitively moving prices. It's not the small speculators that we should be worried about. It's the larger speculators, like the investment banks. Because they don't even have to worry about getting wiped out - they...

Author: /time Magazine | Title: So You Want to Be an Oil Speculator? | 8/10/2009 | See Source »

...evolution didn't program us to lose weight through exercise, what did it program us to do? Doesn't exercise do anything...

Author: /time Magazine | Title: Why Exercise Won't Make You Thin | 8/9/2009 | See Source »

...Then how did the exercise-to-lose-weight mantra become so ingrained? Public-health officials have been reluctant to downplay exercise because those who are more physically active are, overall, healthier. Plus, it's hard even for experts to renounce the notion that exercise is essential for weight loss. For years, psychologist Kelly Brownell ran a lab at Yale that treated obese patients with the standard, drilled-into-your-head combination of more exercise and less food. "What we found was that the treatment of obesity was very frustrating," he says. Only about 5% of participants could keep the weight...

Author: /time Magazine | Title: Why Exercise Won't Make You Thin | 8/9/2009 | See Source »

...aren't high: Barack Obama, who has golfed almost every weekend since it got hot in Washington, plays a dollar a hole. But these leaders have more than money on the line. They are facing down their aides, men a fraction of their age. And no one wants to lose. (See pictures of the worst golf fashion...

Author: /time Magazine | Title: Barack Obama: America's (Not So Great) Golfer-in-Chief | 8/9/2009 | See Source »

...President keeps the game in perspective. Most days Obama does not win or lose more than a few dollars. The Father's Day outing ended with Biden and Obama each collecting $2, though Biden paid for the hot dogs after the front nine. Wilson, who has been playing with Obama since 1999, keeps all his Obama winnings in an envelope, which he has promised as a college fund for Sasha and Malia. As of early July, the envelope contained...

Author: /time Magazine | Title: Barack Obama: America's (Not So Great) Golfer-in-Chief | 8/9/2009 | See Source »

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