The best argument for mutual funds is that they offer safety and diversification. But they don't necessarily offer safety and diversification.

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.

Curtain! Fast music! Light! Ready for the last finale! Great! The show looks good, the show looks good!

You realize you can't change the world but it shouldn't stop you from trying.

The world will very soon be divided, unless I am mistaken, into those who still go on explaining our success, and those somewhat more intelligent who are trying to explain our failure.

It is not because we have been free, but because we have a right to be free, that we ought to demand freedom. Justice and liberty have neither birth nor race, youth nor age.

A true life lived amongst the people is in itself an object-lesson that must produce its own effect upon immediate surroundings.

I spent time on set in New York and Berlin sitting next to Steven Spielberg while he worked, which was the biggest thrill of my life.

I honestly haven't thought much about what to play and where, perhaps i should...it seems like most musicians are better at that than I am.

False beliefs can be every bit as consoling as true ones, right up until the moment of disillusionment.

The crows live in the world like you do. They are part of nature.

Companies like I.B.M. have offered women scholarships to study engineering for years, and women engineers routinely get higher starting salaries than men.