Ron Chernow Quotes

Ron Chernow — American Author

Ronald Chernow is an American writer, journalist, historian, and biographer. He has written bestselling and award-winning biographies of historical figures from the world of business, finance, and American politics... (wikipedia)

One of the very nice things about investing in the stock market is that you learn about all different aspects of the economy. It's your window into a very large world.

Once the brokerage house, rather than the bank, became the locus for American savings, that money would find its way into the stock market, because the broker was someone with a much higher tolerance for risk than the banker.

You don't want too much fear in a market, because people will be blinded to some very good buying opportunities. You don't want too much complacency because people will be blinded to some risk.

The founding fathers were not only brilliant, they were system builders and systematic thinkers. They came up with comprehensive plans and visions.

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