Hamilton Had One Of Those

We Really Haven't Had Very Much Experience With People Funding Their Retirement Out Of The Stock Market, And We Don't Know, Frankly, How It Would Work Under Every Scenario.

Hamilton Had One Of Those Extraordinary 18th-century Minds That Touched On Virtually Every Major Topic Of The Day.

Mutual Fund Managers Are Trapped In This Rather Deadly Vicious Circle: The More Successful They Are, The More Money Flows Into Their Mutual Fund. Then, It Is More Difficult For Them To Beat The Market Averages Or Even To Match Their Own Past Performance.

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.

I Think There's A Tide That Tends To Carry Historians Back To The Past.