1992 was the worst year of my life, to watch my dad lose. It was a painful experience. Yet when I became president, it was so much easier to be president.
Mr. president, I've been a citizen of the United States of America for thirty three years and was never invited to the White House. It sure gives me pleasure to be invited to the Black House.
I have a habit of comparing the phraseology of communiques . . . noting a certain similarity of words, a certain similarity of optimism . . . and a certain similarity in the lack of practical results during the ensuring years.
I can imagine in years to come that my papers and memorabilia, my journals and letters, will find themselves always in the company of people who care about many of the things I do.
We cannot rule out a situation in which a preemptive policy tightening becomes necessary, ... Such caution seems especially warranted with regard to the sharp rise in equity prices during the past two years. These gains have obviously raised questions of sustainability.
[Much] as war attracts me and fascinates my mind with its tremendous situations, I feel more deeply every year . . . what vile and wicked folly and barbarism it all is.
If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.