There's a saying that a rally from awful to bad is much more lucrative for investors than from good to great.
~ James Grant, interview with Steve Forbes, June 4, 2014, 23:30 mark
(Grant was making the bull case for India.)
"The social system of private property and limited government is the only system that tends to debarbarize all those who have the innate capacity to acquire personal culture." ~Ludwig von Mises