TED TURNER'S LIFE MAY BEST BE UNDERSTOOD AS A startling series of narrowly missed disasters. When he skippered his yacht in Britain's prestigious Fastnet race in 1979, he was so absorbed in victory that he did not even know a gale was killing 15 yachtsmen in the boats behind him. His costly acquisition of MGM's movie library in 1986, widely considered a bonehead move at the time, now looks like a bargain the Japanese would envy. The Atlanta Braves, which Turner bought in 1976, snuffled along in the gutter for years, then went from last place to first in their division...
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