Ron Chernow Quotes & Sayings (Page 3)

“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.”

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

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

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

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

“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.”

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

“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.”

“The American public historically was really not part of the stock market.”

“The history of Wall Street is inseparable from New York.”