Author: Ron Chernow

Quotes

I'm disturbed by the words missing from the Trump campaign: Liberty, justice, freedom, and tolerance.

I'm disturbed by the words missing from the Trump campaign: Liberty, justice, freedom, and tolerance.

- Ron Chernow

A lot of the money in the stock market is really our national retirement plan, for better or worse.

A lot of the money in the stock market is really our national retirement plan, for better or worse.

- Ron Chernow

The best argument for mutual funds is that they offer safety and diversification. But they don't necessarily offer safety and diversification.

The best argument for mutual funds is that they offer safety and diversification. But they don't necessarily offer safety and diversification.

- Ron Chernow

As the bull market goes on, people who take great risks achieve great rewards, seemingly without punishment. It's like crime without punishment or sex without sin.

As the bull market goes on, people who take great risks achieve great rewards, seemingly without punishment. It's like crime without punishment or sex without sin.

- Ron Chernow

The Great Inflation of the 1970s destroyed faith in paper assets, because if you held a bond, suddenly the bond was worth much less money than it was before.

The Great Inflation of the 1970s destroyed faith in paper assets, because if you held a bond, suddenly the bond was worth much less money than it was before.

- Ron Chernow

Reconstruction is the great black hole that remains to be filled. Even experts on the Civil War don't really understand its full significance.

Reconstruction is the great black hole that remains to be filled. Even experts on the Civil War don't really understand its full significance.

- Ron Chernow

I don't think that a mutual fund that invests exclusively in biotech start-ups or invests exclusively in companies in Thailand offers any great safety or diversification.

I don't think that a mutual fund that invests exclusively in biotech start-ups or invests exclusively in companies in Thailand offers any great safety or diversification.

- Ron Chernow

I think one of the important things that's happened in the course of the century is that life expectancy has doubled.

I think one of the important things that's happened in the course of the century is that life expectancy has doubled.

- Ron Chernow

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