The maxim «any rule is
better than no rule at all» wins at the expense of the principle «no rule better than a bad rule».
Excel or a financial calculator is essential and actually running the numbers on a prospective property is
better than a rule of thumb.
Not exact matches
Fluctuating currency exchange rates and shifting accounting
rules helped make first quarter results at Alphabet, Google's parent, appear a little
better than they really were on Monday.
For more
than a year, Finland has been testing the proposition that the
best way to lift economic fortunes may be the simplest: Hand out money without
rules or restrictions on how people use it.
You know this old
rule: Always leave the state of the campsite (in this case, a hot desk) just as
good — or slightly
better —
than you found it.
Though Kashkari begins with a broad attack on monetary
rules, it quickly devolves into a focused attack on the Taylor
Rule which he argues «effectively turn [s] monetary policy over to a computer, rather
than continue to let Fed policy makers use their
best judgment to consider a wide range of data and economic trends.»
A
good rule of thumb is if the answer is less
than 24 hours, keep going higher until the loss would leave you in anguish mentally or financially for more
than a day.
«That set of
rules and those thought processes are so ingrained in society today that it's hard to communicate exactly what the vision is, and I think «Reinventing Organizations» does a
better job
than any other book on communicating that vision and communicating that this is not just a hypothetical like, «Oh, wouldn't it be cool if we did this,»» Bunch said.
My
rule: Imperfect action is always
better than order.
As a
rule, humans almost always believe they deserve more credit for a job
well done
than they would be willing to dish out to a co-worker who completed the same task.
In K. Anders Ericsson's famous study of violinists, popularized by Malcolm Gladwell as the «10,000 hour
rule,» Anders found that the
best violinists spent more time practicing
than the merely
good students.
Instead, stick with this simple
rule of thumb: If the expense of replacing the broken item is more
than twice the cost of repairing it, it's probably
best to repair it, according to Lexicon Technologies, a technology maintenance company and the creator of the helpful infographic on the topic below.
It seems like
good Android phones are now the
rule rather
than the exception, with underwhelming devices — at least from the marquee players — getting harder to find.
But to every
rule there is an exception, and glad I was to be called out (and called up) by the founder and CEO of one mobile - health company whose entire premise is based on scientific research with repeatable results — the exact study, in fact, I had used as my example of what works
better than a health app.
Good lifting technique is often ignored when there is insufficient space or time to get a job done properly, but Brown says a good general rule is rather than «lifting, lowering, or carrying, you want to push, pull, or slide.&ra
Good lifting technique is often ignored when there is insufficient space or time to get a job done properly, but Brown says a
good general rule is rather than «lifting, lowering, or carrying, you want to push, pull, or slide.&ra
good general
rule is rather
than «lifting, lowering, or carrying, you want to push, pull, or slide.»
The 80/20 principle is a
good rule of thumb: post engaging, high - value content 80 percent of the time and promote your products no more
than 20 percent of the time.
I mentioned the 4 percent
rule earlier; in case you aren't familiar, this is a widely - cited informal
rule that, as long as you withdraw no more
than 4 percent of your
well - diversified investments per year, you should be able to outlive your savings indefinitely.
Some variations in labour
rules aside, the Canadian and U.S. regulatory regimes are actually more closely aligned
than they are with other parts of the world, which is
good news for major sharing economy companies.
In essence, spending a lot of time with your kids while also trusting them to make choices for themselves (rather
than ruling every aspect of their lives with
rules) seems to be the magic formula for
well - adjusted offspring.
As always, this depends on the individual business, but a
good rule of thumb is that you shouldn't take out more
than you can pay down to zero at least once during the next 12 months.
Rather
than implementing prohibitive
rules that make for distracted and unhappy employees, it's far
better to prepare some sensible guidelines for your company to cope with the relationships that will inevitably arise, and in a manner that is helpful to everyone, from the couple's managers to their colleagues.
A
good rule of thumb is to allow at least six months, and ideally more
than a full year, between the changeover and the transaction.
Most industries are much smaller
than you'd think, so treating everyone — even your opponents — with respect is a
good rule to live by, especially since you might end up working together one day.
Trump added that «there's nobody
better» to discuss financial
rules with
than Dimon, who became the bank's CEO at the end of 2005.
«It is
better not to
rule than to
rule the wrong way.
«If it's a fixed set of
rules, with players acting according to preexisting behaviors, then it becomes a sufficiently
well - defined problems that you can optimize against and the machine will do
better than people,» he says.
But
good reasons may evaporate over time while the
rules get stuck in our behaviors, and then we're left with little more
than a silly habit.
There are five reasons why this project stands a
better chance of coming to fruition
than rival Enbridge Inc.'s Northern Gateway pipeline, which is due for a
ruling by federal regulators before month - end.
Under this final
rule, beginning on June 9, 2017, advisers will be subject to the prohibited transaction
rules and will generally be required to (1) make recommendations that are in their client's
best interest (i.e., IRA recommendations that are prudent and loyal), (2) avoid misleading statements, and (3) charge no more
than reasonable compensation for their services.
You can also try out the 80 - 20
rule (# 18 of our 30 Weight Loss Tips
Better Than Counting Calories): just eat
well 80 percent of the time and save 20 percent to splurge.
The Price to Cash Flow Ratio is
Better for Some Industries The accounting rules sometimes cause certain types of businesses or industries to understate or overstate their true profits, causing the price to cash flow ratio to work better for valuation purposes than its counterpart, the price to earnings
Better for Some Industries The accounting
rules sometimes cause certain types of businesses or industries to understate or overstate their true profits, causing the price to cash flow ratio to work
better for valuation purposes than its counterpart, the price to earnings
better for valuation purposes
than its counterpart, the price to earnings ratio.
Moreover, last week's
rule - based shift to «sell» mode, the first in more
than six months, means we are now free to begin looking for potential short selling opportunities as
well (here is a basic primer on short selling).
«The Golden
Rule was never
better illustrated
than in this exquisite guide on value and ethics in business today.
That
rule was targeted at retirement accounts and required brokers to act in their clients «
best interests rather
than their own.
A judge's
ruling on warning labels for coffee isn't backed by evidence and could do more harm
than good.
The Dodd - Frank Act, which itself made matters worse rather
than better in the wake of the government - fueled financial downturn of 2008, explicitly empowered the Securities and Exchange Commission (SEC) as the agency to formulate
rules relating to investment advisers who offer «personalized investment advice about securities to a retail customer.»
Since RMD
rules are complicated, especially if you have more
than one account, it's a
good idea to check with your tax professional to make sure your RMD calculations and distributions meet current requirements.
Even a 401 (k) rollover into an IRA — which would require exemption from the fiduciary
rule using a
Best Interest Contract Exemption (BICE) because it's expected to cost more
than the 401 (k) plan — can improve the quality of a client's investments if the client couldn't access that asset in his or her 401 (k) plan, said Joe Taiber, managing partner at Taiber, Kosmala & Associates.
As the
rule is implemented, retirement savers will benefit from receiving genuine advice that's in their
best interest rather
than advice that is influenced by conflicts of interest.
This will come with a cost to get everything setup, so a
good rule of thumb is if you need more
than $ 50,000 to fund your business, Rollovers for Business Start - up is a great option.
The Department of Labor promulgated a «fiduciary
rule» that would have required financial advisors to act in the
best interests of their clients, rather
than merely requiring them to provide «suitable» advice.
A
good rule of thumb is to not trade in penny stocks that are trading less
than 100,000 shares a day.
The monetary policy debate over whether
rule - like behavior is preferable to pure discretion dates back at least to Henry Simons in 1936.1 More recently, in their Nobel Prize - winning work, Finn Kydland and Ed Prescott demonstrated that a credible commitment by policymakers to behave in a systematic
rule - like manner leads to
better outcomes
than discretion.2 Since then, numerous papers using a variety of models have investigated the benefits of
rule - like behavior in monetary policy and found that there are indeed significant benefits.
Some ratio where you are sharing more
than promoting is a
good rule of thumb.
My
rule is: A new stock must have a higher Yield
than the average yield of my Vrijheid Fond or have a
better DGR.
As usual, I don't place too much emphasis on this sort of forecast, but to the extent that I make any comments at all about the outlook for 2006, the bottom line is this: 1) we can't
rule out modest potential for stock appreciation, which would require the maintenance or expansion of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations
than most bulls have achieved, a flat yield curve with rising interest rate pressures, an extended period of internal divergence as measured by breadth and other market action, and complacency at
best and excessive bullishness at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weakness.
Bottom line: I believe that
well selected
rules are often
better than discretion, even in investing.
They argue that discretion and horse sense will lead to
better investing outcomes
than rules and algorithms.
Perhaps a great deal of their outperformance stems not from their creative deviations, but from their iron adherence to many (but not all) of Ben Graham's
better than average
rules.
We, on the other hand, view it with hope: because more
than anything, the events of the past few days show that the truth is getting out — the truth that capital markets simply can not exist under the authoritarian
rule of central planners, the truth that the stock market is a casino in which the
best one can hope for a quick flip, and finally the truth that our entire socio - economic regime, whose existence has been predicated by borrowing from the uncreated wealth of the future, and where accumulated debt could be wiped out at the flip of a switch if things go wrong in the process obliterating the welfare of billions (of less
than 1 % ers), is one big lie.