Quotes of the Day

Researchers consistently found that greater muscle mass led to better outcomes across a wide range of conditions. Patients with more muscle had better overall survival rates, better responses to cancer therapies, and better outcomes where chronic obstructive pulmonary disease was a factor; they also showed decreases in Alzheimer's disease, length of stay in the ICU, and complications due to surgery. [2021] - Philip Shepherd

The key to most successful businesses is that they do their chosen activity better than their competition. A "competitive advantage" is a unique connection, resource, idea, timing, or other factor that means you can produce or deliver your product or service faster or cheaper or better or more profitably than the other guys. If you have an area of expertise, connections, or even just enthusiasm, it may yield a competitive advantage for you. [2006] - Scott Fox

When you evaluate the cost of a product or service, think in terms of total, long-term costs. People who sell particular products and services may initially appear to have your best interests at heart when they steer you towards something that isn't costly. However, you may be in for a rude awakening when you discover the ongoing service, maintenance, and other fees you face in the years ahead. Sometimes, paying a reasonable amount more upfront for a high-quality product or service ends up saving you money in the long run. [2019] - Eric Tyson

I encourage a couple to go together for two years before they decide to marry. [2002] - Neil Clark Warren

For a retired or soon-to-be-retired client, we might suggest a 60/40 (stocks/bonds) portfolio only if that portfolio is very, very well-diversified with different kinds of stocks and bonds, and the client has at least two years of living expenses in cash and near-cash (short-term GICs, high-quality and very short-term bonds). But in most cases, we'd prefer to see a 50/50 portfolio. [2013] - Russell Wild