Word: besting
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Dates: during 2010-2019
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...maybe cash becomes the best asset class of 2010? I'm not being wishy-washy here, but cash doesn't earn anything. There's the Will Rogers quote about being more concerned about the return of your money, but you also have to be concerned about the return on your money, and there's nothing [being paid] by cash and Treasury bills. At Pimco we would probably try and substitute for our Treasuries with sovereign bonds of potentially higher quality. Germany looks interesting to us. Germany has problems, but it's in a much better budget situation than...
...Kaiser Permanente's Department of Preventive Medicine and director of its obesity-treatment program, was seeing some good results. His patients were losing 50, 80, even hundreds of pounds. He might have considered the program a success, if not for the fact that the participants who were doing the best - those who were both the most obese and losing the most weight - kept dropping...
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