Word: risk
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Begleiter says his poker success, which includes a ninth-place finish in another World Poker Tour event last August, hasn't been about some special mastery of probabilities and risk. "There are plenty of people who are very good poker players who never worked on Wall Street and may have even dropped out of their community college," he says. To him, success is more about reading the opponent. He likens entering an all-in Hold 'Em showdown to a bidding war against some other investment firm trying to buy the same assets he wants to buy. You don't want...
...Begleiter represents a different sort of recreational player that is taking to the game in increasing numbers; players with a mathematical mind, focus, drive and a keen sense of risk honed in professions like academia, the law or finance. These hobbyist bounty hunters were bound to start showing up at the Main Event, where the game's popularity has pushed up the stakes nine-fold over the past decade - a period that has seen folks with a knack for numbers, like math whiz Chris Ferguson and accountant Chris Moneymaker, claim mountainous paydays...
...Many people have praised him for his emphasis on long-term compensation. But a number of pay consultants say Feinberg might have gone too far in curbing year-end bonuses. "It is fair to say that some of the pay schemes promoted bad behavior and led to excessive risk, but you still need some sort of short-term incentive," says top-pay consultant Don Delves. "People do stuff for money, and they tend to be more motivated by money they can get in the next year [than by] money they may not see for three or five years...
During the postwar boom, pay for U.S. CEOs remained fairly steady in real dollars until the 1970s. But under new tax policies, the 1980s saw the rise of stock options. Intended to tie executive pay to performance, they offered the potential for huge riches with little downside, encouraging risk-taking. In 1991, CEOs earned 140 times the average worker's pay. A 1993 attempt to cap compensation merely shifted more pay into options. By 2007 the median S&P 500 CEO earned in three hours what a minimum-wage worker pulled down in a year. And Great Recession...
MOHAMED NASHEED, President of the Maldives, after his Cabinet held an underwater meeting to urge U.N. leaders to pass climate-change legislation at a December summit in Copenhagen. The archipelago has warned that rising sea levels triggered by global warming put it at risk of being submerged...