"Indeed, recoveries do follow recessions,
and as a group we know that. In other
words, we are preparing for the possibility
of another downturn, even though we
look to the future with great hope. Losing
hope is debilitating, but remaining hopeful
opens up limitless possibilities. From saving
toward a rainy-day fund to building solid
retirement plans, to winning a presidential
election, that is the power of hope."
—Mellody Hobson
Mellody Hobson is president of Ariel
Investments L.L.C., a Chicago-based
money management fi rm serving individual
and institutional investors. She
is also a regular contributor to ABC’s
Good Morning America
.OCTOBER 2010
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