After 1929, so many people had been traumatized by the stock market crash that there was a lost generation.

Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks.

One of the very nice things about investing in the stock market is that you learn about all different aspects of the economy. It's your window into a very large world.

I'm a biographer; I can live with a little hyperbole.

There is no country in the world where it's as easy to find venture capital in the stock market as the United States.

There is a kind of fear, approaching a panic, that's spreading through the Baby Boom Generation, which has suddenly discovered that it will have to provide for its own retirement.

I don't think that a mutual fund that invests exclusively in biotech start-ups or invests exclusively in companies in Thailand offers any great safety or diversification.

I have developed a very strong partiality for the dead: they don't talk back, they don't sue, and they don't have angry relatives.

The securities laws of the 1930s were so important because it forced companies to file registration statements and issue prospectuses, and it remedied the imbalance of information.

Early on, New York already had a national and even international identity.

Hamilton had one of those extraordinary 18th-century minds that touched on virtually every major topic of the day.

Truth is not for sale. The man who sells truths that could help and guide humanity will never have peace of mind. Share truths freely, and you will always be revealed more.

When a writer tries to explain too much, he's out of time before he begins.

When you a get a job you are not qualified for, it will be evil to you and to your community.

I feel like Alice falling into Wonderland. A line came to him: It would be so nice if something made sense for a change.

Mathematics is really an art, not a science.

Positive thinkers get positive results because they are not afraid of problems.

When you work on a text of a lesser quality, as the interpreter or the delivery person, you are obliged to try to fill it out as you see so many people do in lesser work.

Do one thing every day you don't want to do.

I'm not going to go home and drink rat urine.

Self-love is the first teacher of self-renunciation.