"The New Finance focused on the market's major systematic mistake. In failing to appreciate the strength of competitive forces in a market economy, it over estimates the length of the short run. In doing so, it overreacts to records of success and failure for individual companies, driving the prices of successful firms too high and their unsuccessful counterparts too low."

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The telephone conversation is, by its very nature, reactive, not reflective. Immediacy is its prime virtue. ... The letter, written in absorbed solitude, is an act of faith: it assumes the presence of humanity: world and self are generated from within: loneliness is courted, not feared. To write a letter is to be alone with my thoughts in the conjured presence of another person. I keep myself imaginative company. I occupy the empty room.

— Vivian Gornick