Word: around
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Dates: during 1990-1999
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...Columbia University, had been wooed to Wall Street by Morgan Stanley, where he specialized in the arcane field of quantitative analysis--using computers to spot trends in the market. He formed his own company in 1988, initially to carry on that kind of work, but with so much brainpower around the office, it seemed a shame to waste it all on Wall Street. It made sense to pursue other businesses too. During much of his four years at Shaw, Bezos "was sort of an entrepreneurial odd-jobs kind of a person," Shaw recalled recently...
...Click" buy technology and ends when your purchase is delivered to your door. The Coffeyville center, for instance, is part of a nationwide distribution network specially designed to handle e-commerce. Half a dozen warehouses like it have been strategically placed in low- or no-sales-tax states around the U.S.--3 million sq. ft., at a cost of $200 million--and are built to do what traditional warehouses can't do: deliver items directly and efficiently to customers rather than by pallet to retail stores. It requires new ways of thinking about employees--and customers...
...liked him anyway. And almost every summer, he headed for his grandfather's ranch in Cotulla. It was the perfect antidote to the brainy world he inhabited the rest of the year. On the ranch he'd ride horses, brand cattle with a LAZY G, fix windmills and tool around in a 1962 International Harvester Scout. He helped his grandpa fix a D6 Caterpillar tractor using nothing but a 3-ft.-high stack of mail-order manuals. "You have to have a lot of patience on a ranch in the middle of nowhere," he says...
...world goes his way, Bezos could become even richer than his neighbor Bill Gates. Then what? "At some point," he says, giving MacKenzie a hug as the two of them stand around in the kitchen, "we want to figure out how to do philanthropic work that's highly leveraged. It's very easy to give away money ineffectively. But doing it well requires at least as much attention and energy as building a successful company...
...already started moving homeless people from shelters around the capital out to seven military camps, where they're being put up in barracks and told to make new lives," says TIME Latin America bureau chief Tim McGirk. "But despite the incentives he'll offer in terms of jobs and housing, many people won't want to be moved away from the city." Though government reconstruction efforts will be helped by the fact that prices are rising for the country's premier cash cow, its oil industry (which is largely unaffected by the flooding), persuading citizens to move away from urban...