While fund performance is unpredictable, the impact of fees is not,. . A 1- percent annual fee will … - Arthur Levitt Jr

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How can we be such fools as to go on senselessly taking human life in this way? Why the women in every nation do not rise up and refuse to bring children into a world of this kind is beyond my understanding.

Arthur Levitt Jr

While fund performance is unpredictable, the impact of fees is not,. . A 1- percent annual fee will reduce an ending account balance by 17 percent after 20 years.

Impact, Years, Balance, Fees, Unpredictable

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Firms need to ensure that their ability to provide effective customer service keeps pace with their growth. If you're marketing your firm to new customers, you better be able to provide them service when they do business with you.

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Investors should start with a view of skepticism. They should become intellectual investors rather than emotional investors. They should be careful, and they should be skeptical.

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Personally I don't think day traders are speculating, because traditional speculation requires some market knowledge. They are, instead, gambling, which doesn't.

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Today it's fashionable to talk about the New Economy, or the Information Economy, or the Knowledge Economy. But when I think about the imperatives of this market, I view today's economy as the Value Economy. Adding value has become more than just a sound business principle; it is both the common denominator and the competitive edge.

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George Orwell once blamed the demise of the English language on politics. It's quite possible he never read a prospectus.

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