Word: making
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Dates: during 2000-2000
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Mills gives me a cue to flick the two joysticks that make my deer's head swivel and her tail twitch from 50 yds. away. This would be easier if not for the camouflage hat the officers gave me. With a curtain of dangling burlap strips, it looks like Bob Marley has joined a militia. My doe's head may be spinning around like something out of The Exorcist for all I know. I can't see through the dreadlocks. The driver may not know whether to lock and load or call a priest. But he's still watching...
...conservation officers from 45 states and Canada have bought Wolslegel's robotic elk, turkey, deer and bear. Wolslegel glues real animal hides to polyurethane molds, cuts off the heads and installs batteries and robotics, then slides the heads back on. (The very process, oddly enough, that's used to make presidential candidates.) "I'm backed up about 50 orders right now," says Wolslegel. He sells almost half the robots to hunters, who use them as decoys...
...starters, Long-Term Capital's spectacular demise in 1998 pointed to trouble for globetrotting hedge-fund hotshots. Soros and Tiger Management's Julian Robertson both ran aground this year. Indeed, the average hedge fund has been underperforming the S&P 500 for four years. The hedgies, it seems, make investing a lot tougher than it needs...
Underscoring that point, one unusual hedgie, Jeff Vinik, has racked up stellar gains by taking an Everyman's approach to investing. Vinik, the onetime manager of Fidelity's Magellan Fund, doesn't touch derivatives, futures or options, generally won't mess with commodities or bonds, and doesn't make macro currency bets. Such high-octane strategies are the purview of many hedge funds, and the reason some of those funds have made small fortunes--out of very large ones...
...couldn't be better. PayPal and Billpoint are free to payers, and Billpoint is currently running a promotion that takes $1 off all purchases made with a Visa card. PayPal actually pays you $5 to open an account and another $5 for each friend you refer. Both services make their money by charging the seller a small fixed fee and a percentage of the total dollar amount sent on each transaction...