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A default on our debts as a result of not meeting our obligations would be a disaster for the stock market, and Americans would see their retirement funds shrivel up.
Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.
I regret I didn't ever learn how to fly a plane. I had the opportunity when I started to make some money, and I regret I didn't really take the time out and put the effort in and do that.
The difference between playing the stock market and the horses is that one of the horses must win.
Anyone who thinks there's safety in numbers hasn't looked at the stock market pages.
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.
When we started work on the iPhone, the motivation there was we all pretty much couldn't stand our phones, and we wanted a better phone.
I would get my student loans, get money, register and never really go. It was a system I thought would somehow pan out.
I had some money, I made the best paintings ever. I was completely reclusive, worked a lot, took a lot of drugs. I was awful to people.
