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Quote by Ron Chernow

“After 1929, so many people had been traumatized by the stock market crash that there was a lost generation.”

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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“After being Washington's aide for four years and becoming the hero of Yorktown, Hamilton was viewed with a great deal of suspicion because of his association with Tories.”

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“Any bull market covers a multitude of sins, so there may be all sorts of problems with the current system that we won't see until the bear market comes.”

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“Early on, New York already had a national and even international identity.”

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“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.”

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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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