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Buying at these moments of acute uncertainty takes an emotional toll. Guy Spier, a friend who runs a hedge fund in New York, says he's bought several battered stocks lately, knowing that "You make your money in the panics, then collect it when everything is fine again." But "it's agonizingly difficult," he admits. "The rational part of your brain is struggling with all these emotions, which are telling you: 'This company is going bust...

Author: /time Magazine | Title: Reasons to be Cheerful | 9/20/2007 | See Source »

...unfashionable aspects of the genre that attract directors to it. "There's something wonderfully analog about the western," says Mangold. "What's happening onscreen is happening. It's not a guy hanging in front of a green screen." Dede Gardner, who produced Jesse James through Pitt's company, Plan B, sees the western as therapeutically anachronistic and human-friendly: "We're besieged by technology, iPhone this and robot that. We're figuring out how to exist without even talking to one another. Well, you can't do that in [westerns]. It's all about person-to-person confrontation...

Author: /time Magazine | Title: Too Tough to Die | 9/20/2007 | See Source »

...other commodities. He was not a magician, just a very competent central-bank chief with a knack for being in the right place at the right time (not only at the Fed: as a young man, he studied music alongside future saxophone great Stan Getz, learned statistics from the guy who devised the Index of Leading Economic Indicators and thought his first deep thoughts at the personal prodding of philosopher-novelist Ayn Rand...

Author: /time Magazine | Title: It's Not His Economy | 9/20/2007 | See Source »

...cockiest guy I have ever met in my life...

Author: /time Magazine | Title: Verbatim: Oct. 1, 2007 | 9/20/2007 | See Source »

...Iranian President can only benefit from this sort of demonization. It allows him to tell his fellow Iranians: "Look, I tried to be a nice guy, I wanted to lay a wreath on Ground Zero, but these Americans don't appreciate our compassion." And to the conservative mullahs and hard-liners of Iran, Ahmadinejad's stock rises when Americans put him down...

Author: /time Magazine | Title: Ahmadinejad's Ground Zero Ploy | 9/20/2007 | See Source »

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