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That's not to say that I think the economic news will improve or that markets are poised for a sustained surge. Media pundits, economists and market seers vastly overestimate their ability to predict such things. What I do know is that smart investors yearn for this kind of turbulence. As Warren Buffett once put it: "The true investor welcomes volatility" because it often produces "irrationally low prices" for "solid businesses...

Author: /time Magazine | Title: Reasons to be Cheerful | 9/20/2007 | See Source »

...actor like Pitt invests his cachet in producing an epic-size movie on an indie-film budget ($30 million or so for Jesse James). Or because two boutique studios chip in for a modern western revenge film, as Paramount Vantage and Miramax did for Joel and Ethan Coen's smart, violent, defiantly quirky No Country for Old Men, coming in November. Or when a director with a hit movie on his résumé charms financiers outside the studio. That's how James Mangold, fresh from Walk the Line, got to remake the 1957 western 3:10 to Yuma, with Russell...

Author: /time Magazine | Title: Too Tough to Die | 9/20/2007 | See Source »

...that it was investigating the company, the airline cooperated with the investigations. (Virgin, whose legal team first contacted the OFT about the scheming once it got wind of the problem, should escape any fine as a result.) Still, it's hardly reassuring that staff at BA thought it a smart idea to collude with the company's fiercest rival. Is there a problem with values at the carrier? "That wasn't anything that was in the dna" of the company, says Walsh. "I've stressed this significantly at every opportunity internally: We're not going to tolerate that sort...

Author: /time Magazine | Title: Cabin Pressure | 9/20/2007 | See Source »

...GAME shows "starred" guest panelists who appeared for years, smoky-voiced character actress Brett Somers--familiar from spots on such TV sitcoms as The Odd Couple and Love, American Style--became a household name when her then husband Jack Klugman insisted she deserved a spot on Match Game. A smart, bitingly witty performer, she became a favorite on the hit show, bantering bawdily with fellow panelist Charles Nelson Reilly and delivering a mean impression of Ethel Merman. "It was the best job I ever had," said Somers...

Author: /time Magazine | Title: Milestones Oct. 1, 2007 | 9/20/2007 | See Source »

...library open?†5. FM: Oh. Oh my. You’re not suggesting what I think you’re suggesting, are you? 2011: “i HAVE thought about sex in the stacks..it CAN b pulled off, u just have to b smart nd kno wat level to do it on ;) There r sensors that cause the lights to turn on automatically, but there r an equal number of shady corners 4 all types of activities ya digg??†6. FM: I think I dig. You seem pretty knowledgeable about these things?...

Author: By Jessica L. Fleischer, CRIMSON STAFF WRITER | Title: 15 Questions with the Class of 2011 | 9/20/2007 | See Source »

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