2000: [The bankers] business might be defined as the lending of money exclusively to people who have no pressing need of it. In times of stress, when everybody needs money, he strives to avoid lending to anybody.
–Fred Schwed, Where Are the Customers Yachts? (New York: Wiley, 1995 ed.), p. 30.
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Summon Your Courage and Buy Stocks
Investors who conquer stock-phobia have an edge over those too focused on their rearview mirror By Jason Zweig 2025: Oct. 4, 2008 12:01 am ET During the Great…
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Thought of the Day
Money in Art, Money in Culture
Books
Jason is the author of “Your Money and Your Brain,” on the neuroscience of investing, and the editor of the revised edition of Benjamin Graham’s “The Intelligent Investor,” the classic text that Warren Buffett has described as “by far the best book about investing ever written.”
