Ron Chernow
Ron Chernow
RonaldChernowis 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...
NationalityAmerican
ProfessionNon-Fiction Author
Date of Birth3 March 1949
CountryUnited States of America
law tyrants issues
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.
enormous anticipating-the-future amount
Unless you devote an enormous amount of time to anticipating the future, you won't have any future.
impossible strive ideals
A romantic striving for an impossible ideal.
new-york paris political
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.
people mutual-fund relentless
The mutual fund industry and small investors are very relentless and very unforgiving if people don't perform.
writing white favors
Writing about dead white males seems to be out of favor among academics.
house tolerance risk
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.
retirement thinking ideas
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.
saws saving firm
In the 1970s we saw a massive shift of household savings from the banks to the brokerage firms.
boys people giving
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.
retirement people funding
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.
baby retirement panic
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.
investing bulls safe
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.
enemy opinion silent
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.