Word: snap
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Dates: during 1940-1949
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...found odd jobs for him to do, and kept a string of small talk going to stall off thoughts of the race until about 11 o'clock. Then, as they parked two-year-old Susan with grandma and got ready to leave, inside Mel Patton the current would snap...
...Snap-Up. Allen & Co. thought that Bosch (fuel injection pumps, automotive equipment) would link up nicely with Brooklyn's Amra Corp. (electronic devices), which Allen bought into in 1946. So Allen got Amra to put up part of the $6,044,748 it took to buy OAP's 77% interest in Bosch, borrowed the rest. With Bosch, Amra got a company that grossed over $19 million last year, a plant in Springfield, Mass, and a bagful of German patents. Allen & Co. also strengthened its foothold in the electric manufacturing field...
...Snap Judgments. The head and principal builder is dapper, soft-spoken Charles Allen Jr. (45), who has learned the tricks of his trade during 30 years in Wall Street. Born in New York, the third of seven children, Charlie Allen quit school at 15 to become a runner for the New York Stock Exchange, worked as clerk in a Wall Street house. When he was 19, he knew enough to start his own business as an over-the-counter dealer in unlisted securities. When his brothers Herbert, now 40, and Harold, now 37, had served their apprenticeships in the Street...
Allen got into the buying of companies in the early depression when large blocks of stock were for sale at bargain prices. He pooh-poohs elaborate research before he buys, prides himself on his hunches, snap judgments and untiring hunt for bargains. As a friend put it: "He's a 24-hour man and born with a feel...
...Custard Principle. Ventre hit a deep strain in Spectator readers. But would his philosophy work? Wrote one: "Kick the cat, snap asunder the shanking mashie . . . show resistentia that you will stand no nonsense. But this is bad for the blod pressure . . . Ventre gives no guide in this dilemma." Wrote another: man might still "divide, deceive and sometimes rule. A lawn perishing from drought may be saved by its owner's . . . leaving a valuable book outdoors. By a variation of this principle, the grim persistence of watched pots in not boiling can be harnessed to prevent the ruin...