Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • Debbie Young
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • COVID-19
  • Dick Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool

Your Greatest Investment

December 10, 2013 By E.J. Smith - Your Survival Guy

Paul Ewing

Lucky you. I get to speak with successful businessmen on a regular basis. Their greatest investment tends to be in their business not the stock market. It’s never too late to invest in yourself.

I speak regularly with Paul Ewing. He could easily be retired and then some, but instead he and friend David Halley, M.D., have created a business around their X10 Therapy knee rehabilitation machine.

Last week, Crain’s Detroit Business published an  article on it. If you or someone you care about wants to learn the keys to a successful knee replacement then read this article. Post-surgery, “What they’re achieving in week three they’re usually not achieving until week 12. It’s anecdotal and not controlled, but I’m encouraged,” said James Verner, M.D., an orthopedic surgeon at Beaumont Health System and associate professor of orthopedics at Oakland University. It’s never too late to invest in yourself.

Two old friends, each of whom would be justified in retiring to Florida, are trying something else instead: restoring flexibility to knees via a Franklin-based orthopedics company.

It’s not as odd as it might seem. One of the two, David Halley, M.D., age 72, is a Columbus, Ohio-based orthopedic surgeon who’s been in the business 35 years and has done 8,000 knee replacements. The other, Paul Ewing, 70, is an industrial engineer who sold the specialty cold-forming steel business he built from the ground up, Plymouth-based NSS Technologies Inc., in 2000.

In 2009, they launched Halley Orthopedic Products LLC based on their invention, a machine called the X10 (a play on the word “extend”) that is used to restore and maintain knee flexibility and strength after a total knee replacement. The machine uses pressure to flex the knee to the point where fluid in the knee is released, thereby avoiding the buildup of scar tissue that causes knees to deteriorate after surgery.

A computer screen displays biofeedback information, mainly angle and pressure readings, so patients can monitor their improvement and adjust the settings. The machine is rented for however many weeks necessary to restore the knee to an acceptable level of motion, or better, and is used in the home, saving money for patients by avoiding nursing homes and reducing physical therapy visits.

Halley and Ewing in fact did meet in Florida, but it was in 1978 when both of them had condos there, right across the hall from each other. Many years — and discussions on Ohio State University/University of Michigan football — later, the two got talking about the problems faced by people who’ve had their knees replaced. The engineer in Ewing had grown restless and soon things started moving.

“Paul had sold his business. He made a lot of money with it, and he was going nuts. There was nothing for him to do. We started talking about it and, oh my God, did he get involved. He picked up the jargon and it’s amazing how quickly he caught on,” Halley said.

 

To read more click here.

Related Posts

  • A Guaranteed Investment
  • 5,000 Jokers
  • Investment Risk: Greatest in My Lifetime
  • Author
  • Recent Posts
E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com

Click here to sign up for my free monthly Survive & Thrive letter.
Latest posts by E.J. Smith - Your Survival Guy (see all)
  • Schwab Down 30%, Fidelity, Vanguard, BlackRock, and You - March 31, 2023
  • BEWARE: The Road to Digital Currencies - March 30, 2023
  • Bad Guys Have Guns, Targets Must be Hardened - March 30, 2023

Dick Young’s Must Reads

  • Florida: Enjoy Certain Freedoms and Individual Liberties
  • DIGITAL DOLLAR DOOMSDAY: The Wall Street Journal Is NOT Going to Tell You This
  • WAR HAS BEGUN: What Advice Are You Giving Your Loved Ones?
  • Your Best State on Guns, Plus the 8th Wonder of the World
  • Democracy: The Most Dangerous and Insidious Effect of Majority Rule.
  • Is It All Coming Apart in the Government’s Face?
  • Democracy & Diversity: Not In the Constitution
  • Warning! Your Survival Guy’s on a Boil Water Advisory
  • The Breakfast of Champions
  • TOP HEAVY: Focus on Big Indexing Could Cause Market Chaos

Disclosure

RSS Youngresearch.com

  • Schwab Down 30%, Fidelity, Vanguard, BlackRock, and You
  • BEWARE: The Road to Digital Currencies
  • Another Habit of Highly Successful and Fairly Wealthy People
  • The Greatest Threats to the American Economy
  • Your Survival Guy’s #1 Habit of Fairly Successful People
  • New Regulation Coming for CDS Market?
  • “You Just Have to Be Willing to Move Defensively”
  • Americans Are Fleeing Bank Deposits
  • If You’re a Highly Effective Person, We Should Talk
  • Trouble Now Brewing at Deutsche Bank

RSS Yoursurvivalguy.com

  • Schwab Down 30%, Fidelity, Vanguard, BlackRock, and You
  • Why Your Survival Guy Eschews Annuities
  • Government Debt Service a Growing Burden for Americans
  • BEWARE: The Road to Digital Currencies
  • Bad Guys Have Guns, Targets Must be Hardened
  • Another Habit of Highly Successful and Fairly Wealthy People
  • The Greatest Threats to the American Economy
  • Is America about to Deploy Star Wars-like X-Wings on the Battlefield?
  • Your Survival Guy’s #1 Habit of Fairly Successful People
  • Western Real Estate: From Zoom to Bust

Our Friend from Hungary Holding Court at “Thirsty”

Schwab Down 30%, Fidelity, Vanguard, BlackRock, and You

My Grandkids All Own Guns

Globalism Has Made America Dependent on Foreign Countries

The County Sheriff: America’s Last Hope

Is Modern Warfare Causing Cancer?

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives