Word: caution
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Wealthy individuals now have some $5 billion in private equity, less than 10% of a pie that remains dominated by pensions and endowments. An investor with less than $3 million may not get decent diversification, and advisers caution that private equity should be no more than 10% of a portfolio. "That level doesn't add a lot of overall risk but can juice returns," says Don Weigandt, a wealth adviser at J.P. Morgan Private Bank. The perfect candidate, then, is worth $30 million or more...
...more than 100 cases of men suffering heart attacks while on Viagra, studies funded by Pfizer had determined that its erection drug posed no risk to men with stable hearts. Now the first independent study, using stationary bicycles to simulate the exertion of sex, has confirmed Pfizer's results. Caution: stay off the pill if you've had a recent heart attack, your heart disease is severe or you're on medication containing nitrates...
...variety of reasons, radiologists in the U.S. tend to err on the side of caution. That is, they identify lots of "abnormalities," of which only 2% to 11% prove to be cancerous--either DCIS or an invasive tumor. Sometimes a second mammogram or an ultrasound provides the necessary reassurance. Other times, a biopsy--which entails the removal of some breast tissue--is required to resolve any ambiguity. Here the odds of finding cancer rise to about 25%, which means that 75% of biopsies come back negative...
Despite the caution, Cabot House residents welcomed the chance to evaluate their tutors and said the feedback will help tutors understand student needs...
...case could spread like wildfire. Officially, the only remaining sources of the virus are small quantities kept at two secure labs in the U.S. and Russia. Experts believe, however, that Iraq, North Korea and Russia may have secretly pursued weapons research that involved smallpox. Erring on the side of caution, the White House has ordered 300 million doses of the vaccine, enough for every man, woman and child...