Quotes of the Day

Age 65 is the age when (a) you pay less to get into the movie theatre or take public transit, (b) your prescription drugs are paid for by the government, and (c) you can start to receive OAS pension. [2020] - Frederick Vettese

Zone 2 is one of five levels of intensity used by coaches and trainers in endurance sports. Some models have five zones, but others have six or seven. Typically, zone 1 is a walk in the park and zone 5 (or 6, or 7) is an all-out sprint. Zone 2 is more or less the same in all training models: going at a speed slow enough that one can still maintain a conversation but fast enough that the conversation might be a little strained. Zone 2 is a powerful mediator of metabolic health and glucose homeostasis. For some people, a brisk walk might get them into zone 2; for those in better condition, zone 2 means walking uphill. [2023] - Peter Attia

Your landlord can't change the locks because you haven't paid the rent. [2015] - Kris Anderson

Stocks of large companies - value and growth combined - should make up 50-70% of your total domestic stock portfolio. The higher your risk tolerance, the closer you'll want to be to the lower end of that range. Whatever your allocation to domestic large cap stocks, we recommend that you invest 40-50% of that amount in large growth. Take a tilt toward value, if you wish, but don't tilt so far that you risk tipping over. [2013] - Russell Wild

Smart beta index funds are cheap, compared to actively managed funds. But they cost a lot more than most standard index funds. Strategies based on a cherry‐picked past might sell new Wall Street products. But they aren't always better for investors. That's why I suggest that you keep things simple. [2018] - Andrew Hallam