Any bull market covers a multitude of sins, so there may be all sorts of problems with the current system that we won't see until the bear market comes.

That strategy of buy and hold, which is the sound and sensible one for the individual, can have very dangerous and perverse effects for the market as a whole.

In the 1920s, Wall Street was a world that was really dominated by professional speculators and stock pools. These people had a monopoly over information.

Because of the love affair between the American public and the stock market, it is possible for entrepreneurs, technological visionaries and inventors of every sort to get financing.

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

By the late 1980s people realized that houses did not always appreciate and that they could fluctuate like any other market commodity.

The richly cadenced prose is hypnotic, the research prodigious, the analysis acute, the mood spellbinding, and the cast of characters mythic in scale. I cannot conceive of a better book about Capitol Hill. An unforgettable, epic achievement in the art of biography.