“We have to deal with this new type of threat in a way we haven’t yet defined. . . . With a low-probability, high-impact event like this . . . If there’s a one percent chance that Pakistani scientists are helping al Qaeda build or develop a nuclear weapon, we have to treat it as a certainty in terms of our response.” IfsWayHelpingTermChanceDealsEventsHavensTypeWeaponsLowsPercentScientistTreatsImpactThreatResponseNuclearDefinedCertaintyAlsNuclear WeaponsProbabilityAl Qaeda Author:Dick Cheney
“Right now we think that rates will stay low, that you'll be able to get a mortgage below seven percent and that's kicked off a refinance boom that's going to put more money in the pockets of consumers.” ThinkingAbleEconomyRight NowLowsPercentSevenRateConsumersPocketsMore MoneyMortgageRefinance Author:Franklin Raines
“In Washington State, the immigrant population has grown by 42 percent in the five years between 2000 and 2005 - which is an increase from 8 percent to 10.6 percent of the overall population - and the jobless rate in the state has hit a 6 year low.” YearsStatesFiveLowsPercentIncreaseRatePopulationFive YearsImmigrantsJoblessWashington State Author:Dave Reichert
“I should say many things. Mexico has been one of the losers of the 20th century. We tried many different alternatives to development and unfortunately we have 40 percent of the population poor; we have a per capita income that is extremely low.” ShouldHas BeensDifferentPoorCenturyDevelopmentLowsPercentPopulationIncomeAlternativesLoserMexico20th Century Author:Vicente Fox
“If zero percent of the elites support something, very low chance it's going to pass, if 100% support something, very high chance it's going to pass. Same thing for organized interest groups. But for the average voter, it's a flat line. Which says it doesn't matter whether zero percent of the public believes something or 100% of the average voters believe something - it doesn't affect the probability that that thing will be enacted.” IfsBelieveMatterInterestLinesChanceSupportGroupsLowsPercentAverageOrganizedFlatsZeroVotersElitesProbabilityInterest Groups Author:Lawrence Lessig
“The key thing about any fund is to make sure its expenses are low. You know, if you look at the funds in your plan and you see that they're all charging 1.5 and 2 percent,you've gota bad plan.” IfsKnowsLooksPlansKeysLowsPercentFundExpensesChargingKey Things Author:William J. Bernstein
“Bargains are the holy grail of the true stockpicker. The fact that 10 to 30 percent of our net worth is lost in a market sell-off is of little consequence. We see the latest correction not as a disaster but as an opportunity to acquire more shares at low prices. This is how great fortunes are made over time.” LittlesMadeFactsOpportunityLostShareHolyLowsPercentConsequenceSellsFortuneDisasterAcquireBargainsCorrectionsHoly GrailNet Worth Book:Beating the Street Source: Beating the Street
“Take crack cocaine. Particularly in the early days of the policy, ninety percent of the people being arrested were black, even though they didn't use the drug at higher rates and even though their numbers in the general population are so low. How could that be? The thing is, you place all your resources in communities of color. And if you do that, you're going to arrest black people.” PeopleIfsUseBlackCommunityNumbersPolicyColorHigherDrugLowsPercentResourcesRatePopulationCracksBlack PeopleNinetyArrestedCocaine Author:Carl Hart
“Remember that in most cases, student loan debt is not dischargeable in bankruptcy. So you continue to pay it off anyway. Those who have very low interest rates (2-2.5 percent) on student loans and know everything is secure, great.” KnowsRememberInterestPayCasesStudentsLowsPercentRateDebtSecureLoanBankruptcyInterest RateStudent Loan Author:Suze Orman
“Absolutely invest in retirement. You can always get a loan to get kids through school. I do not know of any loans to get you through retirement. The markets are seriously low from where they were (even though they've gone up 30 percent recently). Now is the time to be dollar cost averaging; the more money you put in, the more shares you buy. Save for your retirement, people.” PeopleKnowsKidsSchoolGoneShareCostLowsPercentDollarsRetirementMore MoneyLoan Author:Suze Orman
“Gallup defines a good job as 30+ hours per week for an organization that provides a regular paycheck. Right now, the U.S. is delivering at a staggeringly low rate of 44%, which is the number of full-time jobs as a percent of the adult population, 18 years and older. We need that to be 50% and a bare minimum of 10 million new, good jobs to replenish America's middle class.” NeedsYearsJobsAmericaHoursNumbersClassMillionsWeekMiddleRight NowLowsPercentAdultsOrganizationRatePopulationMiddle ClassMinimumGood JobNotableDeliveringPaychecksFull Time Jobs Author:Jim Clifton
“The vast majority (over 80 percent) of fast-food and similar low wage service jobs (<$9.24/hr) are held by adults. A quarter are adults over 40. Another quarter are moms raising kids.” KidsJobsMomLowsPercentAdultsMajorityQuartersFast FoodRaising Kids Author:David Rolf
“The human mind works at low efficiency. Twenty percent is the figure usually given. When, momentarily, there is a flash of greater power, it is termed a hunch, or insight, or intuition.” MindHumansGivenGreaterFiguresLowsPercentTwentiesInstinctInsightIntuitionHuman MindFlashEfficiencyHunchesGreater Power Book:Foundation Trilogy Source: Foundation Trilogy