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...they could really see into the future, they'd be so rich they wouldn't have to tell fortunes for a living. But here's a sure thing: the future's big business. Just ask Peter Schwartz. As chairman of the California-based Global Business Network, a "scenario planning" firm advising corporations and governments, it's Schwartz's job to know what's around the corner. Building on his experience as head of Royal Dutch/Shell's Group Planning unit in the 1980s, Schwartz, 56, charts inevitabilities and uncertainties for investors and politicians grappling with long-term decisions. Can he really...

Author: /time Magazine | Title: The Future Market | 8/3/2003 | See Source »

...what if you're certain prices are heading south? Sell, says Evensky. That is, if you think you'd be unloading in a panic later. A far better scenario is to find an allocation you can live with and stop trying to read the market. "The world won't go broke," he says. "And if you have a diversified portfolio, you won't go broke. Let the talking heads worry about it." --With reporting by Cybele Weisser...

Author: /time Magazine | Title: Money: How to Invest Now | 7/28/2003 | See Source »

...stockpile of WMD was ready and waiting for bin Laden or Saddam to use on Americans. Should no evidence of such weapons be found, what we have is a poorly explained war started for political reasons known only to Washington insiders. Many of us baby boomers remember a similar scenario for the Vietnam War. STEPHEN J. DOHL Concord...

Author: /time Magazine | Title: Letters: Jul. 28, 2003 | 7/28/2003 | See Source »

...that woman." This is weirder than that. The President seems to believe that wishing will make it so--and he is so stupendously incurious that he rarely makes an effort to find the truth of the matter. He misleads not only the nation but himself. Every worst-case Saddam scenario just had to be true, as did every best-case post-Saddam scenario. Bush's talent for self-deception extends to domestic and economic policy. He probably believes that he's a compassionate conservative, even though he has allowed every antipoverty program he favors to be eviscerated by Congress. This...

Author: /time Magazine | Title: How Bush Misleads Himself | 7/28/2003 | See Source »

...that woman." This is weirder than that. The President seems to believe that wishing will make it so - and he is so stupendously incurious that he rarely makes an effort to find the truth of the matter. He misleads not only the nation but himself. Every worst-case Saddam scenario just had to be true, as did every best-case post-Saddam scenario. Bush's talent for self-deception extends to domestic and economic policy. He probably believes that he's a compassionate conservative, even though he has allowed every antipoverty program he favors to be eviscerated by Congress. This...

Author: /time Magazine | Title: How Bush Misleads Himself | 7/21/2003 | See Source »

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