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...preference is to think of the school as a metaphor for excellence. Some things at Harvard are not the best. I remember developing a seemingly brilliant chemistry equation and discussing it with a graduate teaching fellow. He liked it. Later, I found that there were two things wrong: The equation was incomplete, and the correct formula had been discovered a century previously...

Author: By Stephen J. Seligman | Title: Precepts for Freshmen | 9/1/2009 | See Source »

...have a sixth sense about when to push traders to take more risk and when to take their collective feet off the accelerator. "It's not about hanging on to a predisposition," Blankfein told FORTUNE in March 2008. "The best traders are not right more than they are wrong. They are quick adjusters. They are better at getting right when they are wrong." Blankfein too was becoming a quick adjuster...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

...monetary crisis make international headlines, and both the encroaching Taliban and overbearing U.S. threaten to undermine Pakistan’s sovereignty—in short, the country is a mess. But at the Pearl Continental and other Western havens across the ailing state, it seems as if nothing is wrong...

Author: By Shareen P Asmat | Title: A Tale of Two Pakistans | 8/31/2009 | See Source »

...first place; and contrary to pre-publication media reports that got many former Bush Administration officials up in arms, he claims that the decision to raise the alert was made without regard to political pressure. "I'm not going to second-guess," he says. "But it was wrong...

Author: /time Magazine | Title: Ridge: Second Thoughts, but Not Second-Guessing | 8/31/2009 | See Source »

...that his brother and the other suspected pirates had been "set up ... They went to find work and ended up in a political conflict. Now they are hostage to some kind of political game"? Bartenev's lawyer tells TIME that his client was "in the wrong place at the wrong time...

Author: /time Magazine | Title: Was Russia's 'Hijacked' Ship Carrying Missiles to the Mideast? | 8/31/2009 | See Source »

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