In the 1920s you could buy stocks on margin. You could put 10 percent down and borrow the rest against your stocks.

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

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.

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

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.

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.

After being Washington's aide for four years and becoming the hero of Yorktown, Hamilton was viewed with a great deal of suspicion because of his association with Tories.