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" ... Don’t get too comfortable with your success. “Popping up” on a surfboard is a great feeling. Once you do it, you think everything will get easier. It doesn’t. Massive wipeouts follow and you have to keep working at it. Business can beat you up just like waves crashing over your head. Sometimes you just want to pray for calm water so you can float. But complacency is evil and staying in place is like going backward. You have to stay humble and keep challenging yourself. ... "
" ... Partridge counters by arguing that his risk parity approach is the best way to survive a coming era of lower economic growth and more frequent recessions. In the coming decade, he says, stock investors face more risk of 2009-type wipeouts without the credit-fueled recoveries that lifted equity markets in the past. ... "
" ... Rick Santorum’s big wins in Alabama and Mississippi places the Republican Party in ever greater danger of becoming hostage to what has become its predominate geographic base: rural and small town America. This base, not so much conservatives per se, has kept Santorum’s unlikely campaign alive, from his early win in Iowa to triumphs in predominately rural and small-town dominated Kansas, Mississippi, North Dakota and Oklahoma. The small towns and rural communities of states such as Michigan and Ohio also sheltered the former Pennsylvania senator from total wipeouts in races he would otherwise have lost in a blowout. ... "