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There's a huge difference. In my career, everyone used a little wooden racket. You see players today standing 10 feet behind the baseline and hitting clean winners. That's when I say to myself, "This is not a game I know much about." There's always a lot of talk on whether today's players could play with a wooden racket. I'm sure Federer could. But other players would battle just to enjoy the game with a wooden racket. They'd make so many mistakes...

Author: /time Magazine | Title: Tennis Great Rod Laver | 6/10/2009 | See Source »

...time from 1950 to 2000 was a combination of prosperity and relative stability. I think the odds are very high we regain prosperity, but very low that we regain that combination. I think our likely scenario is tremendous prosperity with tremendous ambiguity and instability. That means those who know how to manage in that environment will do very well, and those who don't may disappear...

Author: /time Magazine | Title: Jim Collins: How Mighty Companies Fall | 6/10/2009 | See Source »

...Violins are much less volatile than art," says Graddy, who co-authored a paper called "Fiddling with Value: Violins as an Investment?" While the Mei-Moses Fine Art Index was down 35% in the first quarter of 2009, prices for top instruments showed no such tumble. (Read "How to Know When the Economy Is Turning...

Author: /time Magazine | Title: String Theory: Investing in High-End Violins | 6/10/2009 | See Source »

...will channel my passion?" She built something. The ultimate entrepreneurial act is creating a movement. Wendy Kopp is on a 50-year mission to transform education in this country. And she's doing it by creating an army of people who have been in classrooms, who can say, "I know firsthand what the problems are." She's demonstrating the idea that entrepreneurship is about an idea more than just an organization...

Author: /time Magazine | Title: Jim Collins: How Mighty Companies Fall | 6/10/2009 | See Source »

...studied we did not find villains. I think that's very important. These were smart, well-intentioned people trying to make the right call. To me, that's even more sobering: hardworking people who are often full of tremendous imagination and energy can still bring enterprises down. I know villains are more fun to write about, but it's not what we found...

Author: /time Magazine | Title: Jim Collins: How Mighty Companies Fall | 6/10/2009 | See Source »

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