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.

I think there's a tide that tends to carry historians back to the past.

The American public historically was really not part of the stock market.

The founding fathers were not only brilliant, they were system builders and systematic thinkers. They came up with comprehensive plans and visions.

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

Once the brokerage house, rather than the bank, became the locus for American savings, that money would find its way into the stock market, because the broker was someone with a much higher tolerance for risk than the banker.

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.