Word: nickel
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Dates: during 1990-1999
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Even as a small boy in Omaha, Nebraska, Warren Buffett wanted to be very, very rich. His first possession was a nickel-plated money changer that he proudly strapped to his belt. By age five he was selling Chiclets from a stand outside his house. At six he bought a six-pack of Coke for a quarter and hawked the sodas for a nickel apiece. He soon was charting stocks and made his first purchase--three shares of energy company Cities Service preferred stock--at age 11; they rewarded him with a $5 gain. Thus launched, Buffett vowed to become...
...economic potential is equally enormous. Majestically swirling ocean currents influence much of the world's weather patterns; figuring out how they operate could save trillions of dollars in weather-related disasters. The oceans also have vast reserves of commercially valuable minerals, including nickel, iron, manganese, copper and cobalt. Pharmaceutical and biotechnology companies are already analyzing deep-sea bacteria, fish and marine plants looking for substances that they might someday turn into miracle drugs. Says Bruce Robison, of the Monterey Bay Aquarium Research Institute (MBARI) in California: "I can guarantee you that the discoveries beneficial to mankind will far outweigh those...
...metals up from the planet's interior and concentrating them in convenient locations. Oceanographers have long known that parts of the Pacific sea floor at depths between 14,000 ft. and 17,000 ft. are carpeted with so-called manganese nodules, potato-size chunks of manganese mixed with iron, nickel, cobalt and other useful metals. In the 1970s, Howard Hughes used the search for nodules as a cover for building the ship Glomar Explorer, which was used to salvage a sunken Soviet sub. Now several mining companies are drawing up plans to do with more up-to-date equipment what...
...piece of circumstantial evidence, but Stein for one believes he might pull it off because "he has such presence.'' Gordon disagrees: "If he were my client, I'd be standing there with duct tape. I'd be saying, 'If you want to commit suicide, do it on your own nickel...
...unlimited room service, the $5 Coke on a silver tray that drops down from publishing heaven. On HarperCollins' tab (backed by an advertising, marketing and promotion budget of $500,000), Gingrich was looking at the Four Seasons and the Ritz Carlton, according to publicist Steve Sorrentino. On his own nickel, the Speaker may be using up his frequent-flyer miles and wolfing down Big Macs. "Newt isn't rich," says Jim Baen, the nonrich publisher of Gingrich's novel 1945, who should not be confused with the very rich publisher of Gingrich's nonfiction title To Renew America, Rupert Murdoch...