The founding fathers were not only brilliant, they were system builders and systematic thinkers. They came up with comprehensive plans and visions.
There is no country in the world where it's as easy to find venture capital in the stock market as the United States.
A crash really occurs when you suddenly have a violent downturn in the market that then heralds a long bull market.
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.
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.
By the late 1980s people realized that houses did not always appreciate and that they could fluctuate like any other market commodity.