Word: rewards
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Dates: during 1980-1989
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...real significance of the investment is that it was Harvard's first foray into the world of independent "venture capitalism"--the process of buying into high-risk, high-reward business. The University became interested in these investments--which now make up 1 per cent of the total--about two years ago, but it always purchased them through limited partnership with other investors...
...pushing himself so hard? Waits' every waking hour (beginning around noon) is devoted to his music, a book, a movie idea. "There's a certain reward," he says. "A very personal reward from all this. But I don't know, sometimes I just want to disappear. Poof! 'Excuse me while I disappear.' Deadlines, schedules, obligations, responsibilities. Sometimes the work just kinda drills. But then something comes along and boom boom -- everything's okay. So what are you going to do? Marry the girl...
...exploration investments have become hot tax shelters recently because the decontrol of oil and gas prices has unproved the potential payoff. In 1978 public investors put $670 million into oil and gas ventures. Last year that shot up to almost $1.1 billion. If the energy search is successful, the reward is a pot of gold. If the drilling turns up a dry hole, there is a generous tax write...
...shore up Egypt's economy. Explained Chedli Klibi, the Tunisian secretary-general of the Arab League, in an interview with TIME Diplomatic Correspondent Strobe Talbott: "In Islam we have a saying that if you try and fail-if you recognize your mistake-you will still find your reward. Sadat should recognize the truth and say, 'I've tried and failed.' By doing that he would show the world that he gave Israel a full chance to do justice but Israel refused...
...Trust. If someone deposits $75,000 for 2½ years, his pal will collect a sponsor's fee of $2,343.75. The First National Bank of Chicago pays a finder $25 for each $1,000 deposited by a buddy into a 30-month fixed-term account. Other banks reward friendly persuasion with grandfather clocks, microwave ovens and electric organs...