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...their shares in a rising market, fewer in a falling market, thus making the funds a balancing force. This may be the shareholder's form of profit-taking, but it is more likely a sign of his confidence in the funds; when the market is uncertain, he feels safer with his money in mutual funds, but when he thinks it is heading for the sky, he succumbs to the temptation to take his money and get into a more lively stock...

Author: /time Magazine | Title: WALL STREET: The Prudent Man | 6/1/1959 | See Source »

...growth is only the beginning. He thinks that a whole new market is opening up in the fast-growing field of private flying, predicts that it will expand fourfold by 1965, is spending $1,200,000 a year on new-product research. To make the crowded air safer, the CAB last year drafted a proposed order directing planes intending to fly in all weather to install airline-quality equipment by 1961. The order roused such protests on grounds of expense that it was withdrawn. Lear is confident that a similar order will eventually be issued, says his low-priced Navcom...

Author: /time Magazine | Title: CORPORATIONS: Mr. Navcom | 5/4/1959 | See Source »

...smoker himself, Dr. Wynder despairs of persuading 55 million Americans to quit the habit. But to make it safer, he urges manufacturers to use low-tar tobaccos and the most potent filters they can find. For smokers themselves he recommends: try to cut down, inhale less, never smoke down to the butt-not more than half of a king-size cigarette-because 60% of the tar is in the last half...

Author: /time Magazine | Title: Medicine: Smoking & Cancer (Contd.) | 4/27/1959 | See Source »

...trumpeter is safer sitting than standing, and safest of all when he is lying flat on his back...

Author: /time Magazine | Title: Music: The Inflated Trumpeter | 4/6/1959 | See Source »

...youth to selling mildewed blankets to the Union Army and smuggling Confederate cotton into the mills of his native Vermont. When peace came, he was rich enough to buy a directorship in the Erie Railroad-and so accelerated the decay of that calamitous line that Erie passengers felt safer "going over Niagara in a barrel." Fisk was a mere 36 when he died; yet, as a swindler, he could stand up to such Erie accomplices as Daniel Drew and Jay Gould. Indeed, in his watered-stocking feet, he stood only inches below the stature of Commodore Vanderbilt himself...

Author: /time Magazine | Title: Books: The Jolly Robber | 2/23/1959 | See Source »

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