Ron Chernow Quotes & Sayings

“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.”

“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.”

“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.”

“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.”

“Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks.”

“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.”

“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 mutual fund industry and small investors are very relentless and very unforgiving if people don't perform.”

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

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