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.

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.

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.

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

Better live than dead.

The only thing that makes life possible is permanent intolerable uncertainty not knowing what comes next.

Probably no one alive hasn't at one time or another brooded over the possibility of going back to an earlier ideal age in his existence and living a different kind of life.

But every act in consequence of our faith, strengthens faith.

Until now, he has never told the full story of his life, in his own voice.

Good Chianti, that aged, majestic and proud wine, enlivens my heart, and frees it painlessly from all fatigue and sadness.

'I could kill you like this,' Peter whispered. 'Just press and press until you're dead'.

Concentration is the ability to think about absolutely nothing when it is absolutely necessary.

Without God, there is no virtue because there is no prompting of the conscience... without God, there is a coarsening of the society; without God, democracy will not and cannot long endure.

I love myself when I am laughing. . . and then again when I am looking mean and impressive.