Quotes of the Day

I used to recommend long periods of water-only fasting for some of my patients-and practiced it myself. But I no longer do so, because I've become convinced that the drawbacks (mostly having to do with muscle loss and undernourishment) outweigh its metabolic benefits in all but my most overnourished patients. [2023] - Peter Attia

If a customer won't give you information, it is risky for you to give pricing. Avoid negotiating until you understand the customer's needs and you have shown your value. [2003] - Linda Richardson

Sophisticated investors avoid placing specific dates on their contract conditions, Instead, they use a specific number of days after acceptance. For example, rather than "Subject to buyer's lawyer's approval by May 11, 2010", the statement should read, "Subject to buyer's lawyer's approval within 14 days of acceptance." That way, if the negotiations go back and forth for a while and the vendor finally agrees, to the contract two weeks after you started the process, you are not under any additional time constraints. [2009] - Don R. Campbell

There are occasions when it's appropriate to reconsider your asset allocation. An investor who started in her 30s with a portfolio that was 70% equities might want to dial back to 50% as she approaches retirement. Another reason for making changes to your asset allocation is a major life event; for example, if you inherit a large sum of money, you may want to lower your risk level to protect your new wealth rather than aggressively trying to grow it. [2021] - Dan Bortolotti

Keep your desk clean. You should only have one thing on your desk at a time. People who work from a clean desk are two or three times as productive as those who work from a cluttered desk. When you work from a clean desk, you can focus and concentrate on one thing at a time. [2004] - Brian Tracy