What is going on in Asia is obviously quite serious for Asia, but I think will have only a denting impact on the United States. The United States is like a supertanker. We're not the fastest ship; we're not the prettiest ship, but its very hard to knock us off course and I don't think we get knocked off that good course in 1998. . . I believe that equities today for example, represent better value than they did six months ago.
Abby Joseph Cohen on Wall Street Week (1/9/98) It would be great if PhDs had better records in the financial markets than high school graduates, but unfortunately there's no such correlation.
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