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...Hall's success in calling the oil market is what has led him to demand higher pay than most. In 2003, Hall had the belief that the price of oil would rise dramatically in the next few years. Back then, oil was trading at around $30 a barrel, and coming out of a recession few thought prices would rise anytime soon. So Hall bought so-called long-dated oil-futures contracts that would pay off if the price of oil topped $100 at some point in the next five years. Because Hall made a bet oil would reach a price...

Author: /time Magazine | Title: How Citi's Andrew Hall Made $100 Million Last Year | 10/19/2009 | See Source »

...humble. Born in a village not far from Mandalay, Burma's last royal capital, he dropped out of high school and worked in a post office before joining officer-training school and rising up through the military ranks, specializing in psychological warfare. Unquestioning loyalty was "the secret of his success," says Benedict Rogers, co-author of a forthcoming book called Than Shwe: Unmasking Burma's Tyrant. "He always followed orders. He was never seen by anyone as a threat, and therefore was rewarded with promotions, precisely because he didn't really demonstrate any flair or initiative...

Author: /time Magazine | Title: Getting to Know Burma's Ruling General | 10/19/2009 | See Source »

...fans will take a hike. That's the central notion of this illuminating book. Maney, a veteran business journalist, calls this dichotomy the "fidelity swap." He argues that there is an inevitable tension between fidelity (quality and snob appeal) and convenience (low cost and ease). The secret of success is deciding which type of product you are selling and staying true to that goal...

Author: /time Magazine | Title: Business Books | 10/19/2009 | See Source »

...services. You may be able to save hundreds of dollars a month right there. Refinance the mortgage while rates are still low. Use any new savings to pay down your highest-rate credit cards first. An alternative approach is to target your smallest debts first in order to experience success and build momentum to pay off larger loans. Once you've paid off a debt, apply the full monthly savings to other debts and long-term savings. (See how Americans are spending...

Author: /time Magazine | Title: Don't Give Up Yet | 10/19/2009 | See Source »

...audiences of all ages paid to see it, and the film played especially well (an A- CinemaScore rating) among those under age 25. Its road was paved by the success of another favorite children's book brought to the screen, Cloudy with a Chance of Meatballs, which on the previous four weekends had ranked in the top three spots and on Oct. 15 cracked $100 million at the North American box office. It's an open question whether the Jonze movie can show those steady legs, but for now, Wild Things is making Warner Bros.'s heart sing...

Author: /time Magazine | Title: Box-Office Weekend: A Winner with Wild Things | 10/18/2009 | See Source »

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