What We Know About The

But The Trouble Is That He [alan Greenspan] Had Been An Ayn Rander. You Can Take The Boy Out Of The Cult But You Can't Take The Cult Out Of The Boy.

We're A Me-me-me Generation. We're Borrowing The Savings Of Every Nation In The World. We're ... Piling Up A Big Tab. Now, I May Think We're Too Big To Have A Run On Us. You May Think That. But It's Possible That God Does Not.

The Sad Truth Is That It Is Precisely Those Who Disagree Most With The Hypothesis Of Efficient Market Pricing Of Stocks, Those Who Pooh-pooh Beta Analysis And All That, Who Are Least Able To Understand The Analysis Needed To Test That Hypothesis.

To Prove That Wall Street Is An Early Omen Of Movements Still To Come In Gnp, Commentators Quote Economic Studies Alleging That Market Downturns Predicted Four Out Of The Last Five Recessions. That Is An Understatement. Wall Street Indexes Predicted Nine Out Of The Last Five Recessions! And Its Mistakes Were Beauties.

In Every Mutual Fund Prospectus, In Every Sales Promotional Folder, And In Every Mutual Fund Advertisement (albeit In Print Almost Too Small To Read), The Following Warning Appears: "past Performance Is No Guarantee Of Future Results."