I Think There's A Tide That Tends

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.

You Don't Want Too Much Fear In A Market, Because People Will Be Blinded To Some Very Good Buying Opportunities. You Don't Want Too Much Complacency Because People Will Be Blinded To Some Risk.

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.

I'm A Biographer; I Can Live With A Little Hyperbole.

There Is No Country In The World Where It's As Easy To Find Venture Capital In The Stock Market As The United States.