Word: pokerful
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Winning, whether it's in poker and craps or stocks and bonds, is simply a matter of coming out ahead of the other guy. Not exactly screwing him over, but, well, luring him into a situation he just can't win. And letting him screw himself...
...gambling world is filled with--and lives off of--slickers who never had a prayer. But the gamblers never scorn them. "Losers are suppliers," says poker champ Pug Pearson. "When you beat a man, you don't rub his face in it. You shrug and agree that it was luck and give him another chance. At double or nothing...
...BOOK is jam-packed with fascinating rules of thumb from a bygone age. Read Iacocca's book and you'll get nothing but attitude and abstraction. Iacocca would probably tell you to keep your money in real estate or mutual funds. But poker player Johnny Moss has more practical advice: keep your cash in a wad with a rubber band around it--"so's you can throw it in the bushes case you're hijacked...
Ortega and Reagan had begun the week on more equal footing. Like two riverboat gamblers, they had each invited the other to a game of poker, then each tried to fix the rules to his own advantage. The first bid came from Reagan. In a speech to members of the Organization of American States, he said that once the Sandinistas have begun "serious negotiations" with the contras, his Administration would "be ready to meet jointly with the foreign ministers of all five Central American nations, including the Sandinistas' representative." The call for "serious" talks was purposefully vague, and one underlying...
...innovation has the potential to transform the industry. Says Marc Cohen, a consumer-goods expert at the Sanford C. Bernstein investment firm: "The $64,000 question is: How will consumers react to it? Will smokers be satisfied? Will nonsmokers be satisfied?" If the answer is yes, the smoggy poker game, and other familiar scenes, could become a thing of the past...