Search my Quotes DataBase - Enter one or two keywords and/or author last name.

Hint: keep it simple, like life twain




Facebook share   Tweet This   Email this

Daily Inspiration - Quotes to Live By
Inspiration  |  Motivational Articles  |  Being Strong  |  Being Positive  |  Links  |  About
Topics:   A-   B-   Ca-   Co-   D-   E-   F-   G-   H-    I-    J-K-L   M-   N-O   Pa-   Pr-   Q-R   Sa-   Sk-   T-   U-V-W-X-Y-Z

The public has lost faith in the ability of Social
by Ron Chernow

The public has lost faith in the ability of Social
Security and Medicare to provide for old age.
They've lost faith in the banking system and in conventional medical insurance.
- Ron Chernow

Because of the love affair between the American public and the stock market,
it is possible for entrepreneurs, technological visionaries
and inventors of every sort to get financing.
- Ron Chernow

As a bull market continues, almost anything you buy goes up.
It makes you feel that investing in stocks is a very
easy and safe and that you're a financial genius.
- Ron Chernow

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.
- Ron Chernow

 

In the 1920s you could buy stocks on margin.
You could put 10 percent down and borrow the rest against your stocks.
- Ron Chernow

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.
- Ron Chernow

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

Please sign-up for my Free Inspirational Daily Email on the form below.

Sign-up for your free subscription to my Daily Inspiration - Daily Quote email.

Your E-Mail Address:
Your Name:

To confirm your subscription, you must click on a link in the email being sent to you.

Each email contains an unsubscribe link. We will NEVER sell, rent, loan, or abuse your email address in ANY way.


I'm a biographer; I can live with a little hyperbole.
- Ron Chernow

The American public historically was really not part of the stock market.
- Ron Chernow

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

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

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

I think there's a tide that tends to carry historians back to the past.
- Ron Chernow

The mutual fund industry and small investors are very
relentless and very unforgiving if people don't perform.
- Ron Chernow

That strategy of buy and hold, which is the sound and
sensible one for the individual,
can have very dangerous and perverse effects for the market as a whole.
- Ron Chernow

The securities laws of the 1930s were so important
because it forced companies to file registration statements and issue prospectuses,
and it remedied the imbalance of information.
- Ron Chernow

A crash really occurs when you suddenly have a violent
downturn in the market that then heralds a long bull market.
- Ron Chernow

Hamilton had one of those extraordinary 18th-century
minds that touched on virtually every major topic of the day.
- Ron Chernow

We really haven't had very much experience with people
funding their retirement out of the stock market,
and we don't know, frankly, how it would work under every scenario.
- Ron Chernow

In the 1920s, Wall Street was a world that was really
dominated by professional speculators and stock pools.
These people had a monopoly over information.
- Ron Chernow

Early on, New York already had a national and even international identity.
- Ron Chernow

There is no country in the world where it's as easy
to find venture capital in the stock market as the United States.
- Ron Chernow

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.
- Ron Chernow

Partly because his life ended before the age of 50,
Hamilton was defined by the other founding fathers,
and he managed, with amazing consistency,
to alienate most of them.
- Ron Chernow

I have developed a very strong partiality for the dead:
they don't talk back,
they don't sue, and they don't have angry relatives.
- Ron Chernow

Mutual funds have historically offered safety and diversification.
And they spare you the responsibility of picking individual stocks.
- Ron Chernow

The history of Wall Street is inseparable from New York.
- Ron Chernow

There is a kind of fear, approaching a panic,
that's spreading through the Baby Boom Generation,
which has suddenly discovered that it will have to
provide for its own retirement.
- Ron Chernow

When the market is just going up, up,
and up, we all tend to be blind to the holes in the market.
They're all papered over by the rise.
- 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.
- Ron Chernow

In the 1970s we saw a massive shift of household savings
from the banks to the brokerage firms.
- 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.
- Ron Chernow

Writing about dead white males seems to be out of favor among academics.
- Ron Chernow

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

Mutual funds give people the sense that they're investing
with the big boys and that they're really not at a
disadvantage entering the stock market.
- Ron Chernow

By the late 1980s people realized that houses did not
always appreciate and that they could fluctuate like
any other market commodity.
- 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.
- Ron Chernow

What I find very interesting about the mutual funds
managers is that here are people who are the new masters of the universe.
They're managing billions, yet they're subject to this
quiet daily tyranny of numbers.
- Ron Chernow

One of the special characteristics of New York is that
it is different from a London or a Paris because it's the financial capital,
and the cultural capital, but not the political capital.
- Ron Chernow

When news of the crash came, probably a lot of people
in small towns and farms across America felt a sense
of grim satisfaction that the sinners had finally been
punished for their wicked ways.
- Ron Chernow

I think those who invest in mutual funds want someone
else to do the thinking for them.
But the fact that they can move the money around the
family of mutual funds just through a phone call lets
them feel that they can play tycoons.
- Ron Chernow

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.
- Ron Chernow

There were two qualities about the mutual funds of
the 1920s that made them extremely speculative.
One was that they were heavily leveraged.
Two, mutual funds were allowed to invest in other mutual funds.
- Ron Chernow

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.
- Ron Chernow

Mutual fund managers are trapped in this rather deadly vicious circle:
the more successful they are,
the more money flows into their mutual fund.
Then, it is more difficult for them to beat the market
averages or even to match their own past performance.
- Ron Chernow

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.
- Ron Chernow

Stock market corrections, although painful at the time,
are actually a very healthy part of the whole mechanism,
because there are always speculative excesses that develop,
particularly during the long bull market.
- Ron Chernow

I'm dubious about having Social Security put into the stock market.
I think that we have gotten very far away from the
idea that there's something sacrosanct about retirement investments.
- Ron Chernow

Myths are public dreams, dreams are private myths.
- Joseph Campbell

God is, even though the whole world deny him.
Truth stands, even if there be no public support.
It is self-sustained.
- Mohandas (Mahatma) Gandhi

Truth stands, even if there be no public support.
It is self-sustained.
- Mohandas (Mahatma) Gandhi

No one ever found wisdom without also being a fool.
Writers, alas, have to be fools in public,
while the rest of the human race can cover its tracks.
- Erica Jong

Imagine for yourself a character,
a model personality whose example you determine to follow,
in private as well as in public.
- Epictetus

For me every ruler is alien that defies public opinion.
- Mohandas (Mahatma) Gandhi

The Supreme Court's only armor is the cloak of public trust;
its sole ammunition,
the collective hopes of our society.
- Irving R. Kaufman

Environmental concern is now firmly embedded in public life:
in education,
medicine and law; in journalism, literature and art.
- Barry Commoner

Nobody ever went broke underestimating the taste of the American public.
- H. L. Mencken

Like religion, politics, and family planning,
cereal is not a topic to be brought up in public.
It's too controversial.
- Erma Bombeck

What the public expects and what is healthy for an
individual are two very different things.
- Esther Williams

Life is like playing a violin solo in public and learning
the instrument as one goes on.
- Samuel Butler

Baseball is a public trust.
Players turn over, owners turn over and certain commissioners turn over.
But baseball goes on.
- Peter Ueberroth

The thing I enjoyed most were visits from children.
They did not want public office.
- Herbert Hoover

And I believe that the best buy in public health today
must be a combination of regular physical exercise and a healthy diet.
- Julie Bishop

Money is power, and in that government which pays all
the public officers of the states will all political
power be substantially concentrated.
- Andrew Jackson

What's sort of interesting about the whole public relations
disaster that is the Net,
in some ways, is that the fundamentals are really good.
- Meg Whitman

The history of modern art is also the history of the
progressive loss of art's audience.
Art has increasingly become the concern of the artist
and the bafflement of the public.
- Paul Gauguin

Your every voter, as surely as your chief magistrate,
exercises a public trust.
- Grover Cleveland

All the president is, is a glorified public relations
man who spends his time flattering,
kissing, and kicking people to get them to do what
they are supposed to do anyway.
- Harry S. Truman

Congress will pass a law restricting public comment
on the Internet to individuals who have spent a minimum
of one hour actually accomplishing a specific task while on line.
- Andy Grove

For a successful technology, reality must take precedence over public relations,
for Nature cannot be fooled.
- Richard P. Feynman

Why are ecologists and environmentalists so feared
and hated? This is because in part what they have to
say is new to the general public,
and the new is always alarming.
- Garrett Hardin


Quotes and Sayings

---------


Thank you for visiting: The public has lost faith in the ability of Social by Ron Chernow.

Please sign up on the form below to receive
my Free Daily Inspiration - Daily Quotes email.

You can also search my large collection of Quotes and Sayings.

May the world be kind to you,
and may your own thoughts be gentle upon yourself.
- Jonathan Lockwood Huie

 


Sign-up to receive Daily Inspiration - Daily Quotes
free via email

Daily inspirational quotes and motivational messages of self-worth, choice,
positive attitude, happiness, forgiveness, and gratitude.
Inspiring motivational sayings plus Jonathan's insights into life,
relationships, and joyful living.

Enter Your E-Mail Address:
Enter Your Name (what you want to be called):
To confirm your subscription, you must click on a link in the email being sent to you.
Each email contains an unsubscribe link. We will NEVER sell, rent, loan, or abuse your email address in ANY way.

Or Subscribe to the Feedburner feed for Daily Inspiration - Daily Quotes.



All materials & writings are copyright ©. You may read about our disclaimer, our privacy policy, our copyright policy, terms of use, participation in affiliate programs, and the list of all our websites.