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Quote by 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.”

Quote by Ron Chernow

Author

Ron Chernow is an American author renowned for his biographical works. His books delve into the lives and achievements of historical figures, enjoying great popularity among readers. His representative works include 'Alexander Hamilton' and 'Washington: A Life'. more

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“If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations, governments, and to extremely wealthy individuals.”

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“In the 1970s we saw a massive shift of household savings from the banks to the brokerage firms.”

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“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.”

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“I’m aware of the- the fact that people elsewhere in the world think differently from us. I can sort of see us, us Americans with their eyes. And not all that I see is- is attractive. I see an insular people who are- are insensitive to foreign sensibilities, who are lazy, obese, complacent and increasingly perplexed as to why we are losing our place in the world to people who are more dynamic than us and more disciplined”

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“There are an awful lot of people who despise government precisely because it opened the door for common citizenship for people of all races and all natures in the United States.”

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“He [Gen. Douglas MacArthur] was a great thundering paradox of a man, noble and ignoble, inspiring and outrageous, arrogant and shy, the best of men and the worst of men, the most protean, most ridiculous, and most sublime.”

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“I said, ‘There’s one idea I’ve been carrying in my hip pocket for 35 years. It’s Woodrow Wilson.’”

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“It has always been preferable to attribute a woman's success to her beauty rather than to her brains, to reduce her to the sum of her sex life.”

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“All writers, I think, are to one extent or another, damaged people. Writing is our way of repairing ourselves.”

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