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"The American public historically was really not part of the stock market."
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"Robbing people of their actual history is the same as robbing them of part of themselves. It's a crime."Fuka-Eri thought about that for a moment.Tengo went on, "Our memory is made up of our individual memories and our collective memories. The two are intimately linked. And history is our collective memory. If our collective memory is taken from us - is rewritten - we lose the ability to sustain our true selves."
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Personal Development
"Mankind, not womankind, has slaughtered more humans in the name of God and Religion than for any other reason."
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Personal Development
"Many if not most slaves would have each readily jumped, and many if not most slaves would each readily jump, at the opportunity to be a master, if such an opportunity presents or had presented itself."
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"Most of Jesus' life is told through the four Gospels of the New Testament, known as the Canonical gospels, written by Matthew, Mark, Luke and John. These are not biographies in the modern sense but accounts with allegorical intent. They are written to engender faith in Jesus as the Messiah and the incarnation of God, and not to provide factual data about Jesus's life. This left the door of exaggeration open. And through that door all kinds of mystical non-sense crept in and made place right alongside the good philosophical teachings of Jesus."
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"I have no expectation that any man will read history aright who thinks that what was done in a remote age, by men whose names have resounded far, has any deeper sense than what he is doing today."
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"It must be the full confession by Christendom of Christendom's specific contribution to the sum of human cruelty and treachery."
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Personal Development
"It was the greatest, most intricate, most ingenious and most costly rescue mission in all of human history."
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"You should read history and look at ostracism, persecution, martyrdom, and that kind of thing. They always happen to the best men, you know."
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Personal Development
"There probably was a time when the idea of having a toilet inside a house was repulsive."
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Personal Development
"All the bloodsheds in human history have been caused by men, not women."
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"After 1929, so many people had been traumatized by the stock market crash that there was a lost generation."
People
"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."
Information
"If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations, governments, and to extremely wealthy individuals."
Finance
"Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market."
Time
"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."
Fear
"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."
People
"Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks."
Responsibility
"Mutual fund managers are trapped in this rather deadly vicious circle: the more successful they are, the more money flows into their mutual fund. Then, it is more difficult for them to beat the market averages or even to match their own past performance."
Money
"I think those who invest in mutual funds want someone else to do the thinking for them. But the fact that they can move the money around the family of mutual funds just through a phone call lets them feel that they can play tycoons."
Family
"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."
People
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