• Thought of the Day

    Thought of the Day

    2000: An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return. Operations not meeting these requirements are speculative.

    –Benjamin Graham and David Dodd, Security Analysis (New York: Mc-Graw Hill, 1934), p. 54.

Today in Financial History

1995: Sun Microsystems launches Java, the universal Internet programming language that brings "white space" and greater interactivity to millions of websites and Internet users.

1908: John Bardeen is born in Madison, Wisc., to artist Althea Harmer Bardeen and Charles Russell Bardeen, head of the University of Wisconsin medical school. He goes straight from third grade to junior high, enters Wisconsin's engineering school at age 15, and in 1947 co-invents the transistor at Bell Labs with William Shockley and Walter Brattain.