BBUS, page-5164

"It's hard trying to find a comparison point, just because it's a long time ago doesnt make it invalid, humans haven't changed much in the grand scheme of things."

Statistically speaking, it's a sample size of one. So no conclusions can be drawn.

I thought the market would fall quickly again, but I admit I was wrong. I thought people were moving to stocks because they wanted dividends to compensate for low bank interest rates, and that theory made no sense to me because there's no point in earning 4% dividends if the market falls by 20% and so your capital falls by 20%. But people must believe that the Fed has fully guaranteed that the market won't fall.