Any one of them will involve investing heavily in new infrastructure.

The first was the willingness of Nynex to swallow a peculiar deal that involved investing a great amount of money without getting much say in Viacom's management.

The verdict was considered unusual because venture capitalists, whose business involves investing in risky startups, normally do not sue when one of those investments goes sour.

Such hedges, which involve investing in securities that would rise in value as the bonds fell, are common.

Another element of the new strategy involves investing more in investment banking operations at home, and in Europe and Asia, to serve business customers in 190 countries.

The new approach to meeting energy needs will also involve investing $500 billion over 20 years to commercialize the use of renewable energy sources such as wind power and solar power.

Such changes might involve investing a single agency with greater authority to enforce laws against money laundering and terrorist financing, according to regulators and Congressional leaders.

The "dogs of the Dow" strategy involves investing in the 10 highest-yielding - and therefore cheapest - stocks of the Dow Jones industrial average.

It also involves investing more in training and further training for individuals.

In the European Union's specific case, this involves investing heavily in the economic reconstruction of Iraq and in building democracy in the country.