Word: wealthiest
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...improve their yield, and they will be unable to effectively control class composition, leaving them with no incentive to incur the costs of processing an extra round of applications. The result of the staff’s opinion would be the elimination of all early applications except at the wealthiest schools, and it would force seniors to live through an extra semester of anxiety...
...more tariffs, no more market-molding, no more Jesse Helms coddling the textile farmers back home or Jim Jeffords coddling the dairy farmers. No more tears for Big Steel - when the world moves on, the world moves on, and to stay on top of the global economy as its wealthiest customer and preeminent value-adder, America needs to stay on the cutting edge. Want to help the economically displaced? Send them unemployment benefits, but don't slow the rest of us down so they can keep a job that should have left for Malaysia long...
...ever, diversification is the key. Only the wealthiest and most sophisticated investors should dabble in individual junk-bond issues. The risk of any single company's failing is too great. But a diverse portfolio--easily obtained through junk-bond mutual funds--brings the investment risk way down and makes junk bonds suitable for most investors...
...PRINCE AL-WALEED BIN TALAL BIN AB AL-SAUD parlayed a 1979 inheritance of $15,000--and a house that he mortgaged for $400,000--into a $20 billion empire. A Saudi royal and the world's sixth wealthiest individual, al-Waleed, 46, is a global investor whose moves are followed closely by CEOs and money managers. His interests range from his own construction, hotel and oil firms to the stocks of troubled brand-name firms, including Compaq, Disney and Kodak. The prince, who follows the markets by satellite from his yacht, scored his first...
...Jacques Derrida had been born a Kennedy, he might have come close to matching Ludwig Wittgenstein's curious combination of affluence and intellect. Wittgenstein was both a philosopher of towering importance and the scion of one of the wealthiest and most influential families in Europe. He was also a scarily intense guy. On Oct. 25, 1946, he attended a Cambridge University discussion group at which Karl Popper, another major thinker, was the guest speaker. The evening ended in bedlam when Wittgenstein threatened Popper with a poker...