The Key To Success Is Emotional Stability.

An Irresistable Footnote: In 1971, Pension Fund Managers Invested A Record 122% Of Net Funds Available In Equities - At Full Prices They Couldn't Buy Enough Of Them. In 1974, After The Bottom Had Fallen Out, They Committed A Then Record Low Of 21% To Stocks.

Be Brave When Others Are Afraid, And Afraid When Others Are Brave.

A Hyperactive Stock Market Is The Pickpocket Of Enterprise.

We Are In Effect Making A - To Some Extent, Making A Choice Between Future Inflation And Getting Our - Getting Off The Floor. And We're Likely - We're Likely To Have More Inflation In The Future As A Consequence Of The Things We Do To Fight The Present Situation.

I Think The Congress Will Do The Right Thing. I Think That They've - You Know, They Got Into Certain Arguments And They Start Worrying About Assessing Blame, And There Is A Little Demagoguery, But In The End, Something This Important, They'll Do The Right Thing. So This Really Is An Economic Pearl Harbor. That Sounds Melodramatic, But I've Never Used That Phrase Before. And This Really Is One.