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"Hamilton had one of those extraordinary 18th-century minds that touched on virtually every major topic of the day."
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"Hamilton had one of those extraordinary 18th-century minds that touched on virtually every major topic of the day."
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Personal Development
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"As the bull market goes on, people who take great risks achieve great rewards, seemingly without punishment. It's like crime without punishment or sex without sin."
Sex


"In the 1970s we saw a massive shift of household savings from the banks to the brokerage firms."
Finance


"Hamilton had one of those extraordinary 18th-century minds that touched on virtually every major topic of the day."
Historical Figure


"I don't think that a mutual fund that invests exclusively in biotech start-ups or invests exclusively in companies in Thailand offers any great safety or diversification."
Finance


"I think one of the important things that's happened in the course of the century is that life expectancy has doubled."
Life


"I'm dubious about having Social Security put into the stock market. I think that we have gotten very far away from the idea that there's something sacrosanct about retirement investments."
Creativity


"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


"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


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


"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
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