Word: strategist
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Last year the two decided to divorce, but she kept his name and remained a friend and partner. Amory calls Hunter, 50, his "strategist." RMI was her idea. It was 1980; they were driving from California to New Hampshire for a teaching gig. Finances were not good. "I asked him what he wanted to do when he grew up," Hunter recalls. To make the world better through "design mentality," Amory replied. That credo--shorthand for high efficiency, no waste--has made RMI a global consulting and research firm with an annual budget close to $5 million...
That's how bear markets go. Instead of every dip being a buying opportunity, every rally becomes a chance to unload. "For the first time in a while, people have got really scared," notes longtime bear Barton Biggs, chief global strategist at Morgan Stanley Dean Witter. He was expecting more selling this week, fueled by margin calls, margin-related liquidations and fidgety institutions. Mutual-fund investors, generally, have been holding on, Biggs says, though they haven't been aggressive buyers, and some fund companies got hit with redemptions. [What should you do? For advice on riding out volatile markets...
...would Microsoft consider ditching its crown jewels and starting from scratch with a simpler operating system? Never. "Two words: Windows survives," says senior strategist Craig Mundie. The company expects us to continue buying PCs alongside our handy little mobile Net appliances. But it's also throwing buckets of money at research to make existing versions of Windows better, lighter and cheaper. Meanwhile, its hardware partners are planning a stream of funky little gadgets to seed with Microsoft's DNA. If Mundie has his way, "powered by Windows" will become the selling point for the '00s that "Intel inside...
...Reed is molting again, having caught the eye of Bill Gates, who's currently bracing for the punishment phase against his company, which was found guilty of monopoly tactics two weeks ago. According to the New York Times, Gates moved decisively and secured Reed's services as a key strategist for the ongoing Microsoft barrage of self-defense. Reed's responsibilities? To bend Bush's ear in favor of easing up on the software giant if and when Dubya takes office...
Gore is expected also to consider those who could bring gravitas to the ticket. Strong runners: Fannie Mae chairman Franklin Raines, 51, and former Treasury Secretary Bob Rubin, 61. Rubin has said he's not interested, but a Gore strategist says the Gore camp is undeterred: "If Al Gore really wanted him, Rubin would accept." There is even talk of "fusion candidate" Christine Todd Whitman, 53, New Jersey's popular Republican Governor. "Thinks like a centrist Democrat," says an Administration source...