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Word: succession (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Usage:

...exultant ones in the U.S. today are those who through talent, luck, prescience and drive have amassed fortunes in the past few years, or are about to. They are an uncommonly interesting lot, whose lives and habits illuminate what achievement means today in the society that invented the success ethic. Regardless of the route, those who are making it to the top seem to share a number of personality traits. As a group, the hot new rich work extraordinarily hard. They are more willing to take risks than the average citizen. Many are loners. And, notes Journalist Arthur Louis...

Author: /time Magazine | Title: The Hot New Rich | 6/13/1977 | See Source »

...millions tomorrow and I wouldn't care, because I could make it all back in six months. I do just what failures are afraid to do." Coal King Burford puts the probability theory another way: "Failure does not count. If you accept this, you'll be successful. It's what I call the Ty Cobb theory of success. In the same year that Cobb set the record for the number of bases stolen, he also had a lot of failures. There were ten or twelve men who had better percentages of success. What causes most people...

Author: /time Magazine | Title: The Hot New Rich | 6/13/1977 | See Source »

...tycoon says of his success: "Not many people have the obscure combination of engineering education, knowledge of video syntheses, and a background of work in an amusement park. I do. Add to that courses in economics at college and a sense of how the financial system works, and you get success." In his case, that has meant a 15-acre estate atop San Francisco Bay, a 41-ft. sailboat named, of course, Pong, a Lake Tahoe ski cabin and a Mercedes 450 SL. A former Mormon who has been divorced since 1973, Bushnell admits to "liking girls." Says...

Author: /time Magazine | Title: The Hot New Rich | 6/13/1977 | See Source »

...Baron. Joe Morgan exudes confidence. He always has. At 33, he is the best player in baseball. The National League's Most Valuable Player for two straight years, Morgan says proudly: "I want people to expect a lot of Joe Morgan. Success scares some people. Me, I have to have it." The Cincinnati Reds' cocky second baseman has a three-year contract with the club that will net him nearly $1.5 million, but he could add substantially to his earnings by endorsing more products (he stars in several TV commercials) and making personal appearances. However, he maintains...

Author: /time Magazine | Title: The Hot New Rich | 6/13/1977 | See Source »

...night. Now if we want to go away we have to rent a place on a desert island as Mr. and Mrs. Doe." Los Angeles Author Nicholas Meyer, also 30 and a new millionaire, finds that his loot has made little difference to his life. Despite the immense success of his two Sherlock Holmesian pastiches, The Seven-Per-Cent Solution (he also scripted the film) and The West End Horror, Meyer observes: "Everyone has this one fantasy about success and money, that it will solve all his problems. Money will do this in the short term: it will...

Author: /time Magazine | Title: The Hot New Rich | 6/13/1977 | See Source »

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