A crash really occurs when you suddenly have a violent downturn in the market that then heralds a long bull market.

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

Unless you devote an enormous amount of time to anticipating the future, you won't have any future.

Early on, New York already had a national and even international identity.

Mutual funds give people the sense that they're investing with the big boys and that they're really not at a disadvantage entering the stock market.

As a bull market continues, almost anything you buy goes up. It makes you feel that investing in stocks is a very easy and safe and that you're a financial genius.

A crash really occurs when you suddenly have a violent downturn in the market that then heralds a long bull market.