The public has lost faith in the ability of Social Security and Medicare to provide for old age. They've lost faith in the banking system and in conventional medical insurance.

Reconstruction is the great black hole that remains to be filled. Even experts on the Civil War don't really understand its full significance.

Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks.

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.

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.

Hamilton was extremely combative. Not only was he combative, but he also overreacted to anything he perceived as a threat or a criticism.