Quotes by Ron Chernow

About Ron Chernow:

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.
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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

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

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

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

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

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

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

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

Ron Chernow

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

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 think there's a tide that tends to carry historians back to the past.

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

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

Ron Chernow

Washington once advised his adopted grandson that where there is no occasion for expressing an opinion, it is best to be silent. For there is nothing more certain than that it is at all times more easy to make enemies than friends.

Ron Chernow

(regarding Charles Lee) This eccentric and notably slovenly man was always trailed by his beloved dogs. "When I can be convinced that men are as worthy objects as dogs", he once explained, "I shall transfer my benevolence to them.

Ron Chernow

And shall we at last become the victims of our own abominable lust of gain? Forbid it, Heaven." Washington himself could be a hard driving businessman, yet he found the rapacity of many vendors unconscionable. As he told George Mason, he thought it t...

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

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

The history of Wall Street is inseparable from New York.

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

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

Author Bio

  • NameRon Chernow
  • DescriptionAmerican writer, journalist, historian, and biographer
  • AliasesChernow; Titan: The Life of John D. Rockefeller
  • BornMarch 3, 1949
  • CountryUnited States Of America
  • ProfessionWriter; Historian; Journalist
  • WorksThe House Of Morgan; Washington: A Life
  • AwardsPulitzer Prize For Biography Or Autobiography; National Book Award