Word: scenarios
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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...
...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...
...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...
...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...
...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...