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

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


Ron Chernow
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Other quotes of Ron Chernow


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

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



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.

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.



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

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



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

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



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.

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.



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.

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.



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.

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.



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.

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.



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

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



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

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





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To walk in the footsteps of the great, put on their shoes.

To walk in the footsteps of the great, put on their shoes.





It took a deadly illness to put me eye to eye with that truth, but it is a truth that the country, caught up in its ruthless ambitions and moral decay, can learn on my dime.

It took a deadly illness to put me eye to eye with that truth, but it is a truth that the country, caught up in its ruthless ambitions and moral decay, can learn on my dime.



What is interesting about self-analysis is that it leads nowhere - it is an art form in itself.

What is interesting about self-analysis is that it leads nowhere - it is an art form in itself.



In an individualistic culture, the narcissist is God's gift to the world. In a collectivist society, the narcissist is God's gift to the collective.

In an individualistic culture, the narcissist is God's gift to the world. In a collectivist society, the narcissist is God's gift to the collective.



He who lives only unto himself withers and dies, while he who forgets himself in the service of others grows and blossoms.

He who lives only unto himself withers and dies, while he who forgets himself in the service of others grows and blossoms.



What is Parliament for if it is not to be a means to make ministers accountable for the services for which they are responsible.

What is Parliament for if it is not to be a means to make ministers accountable for the services for which they are responsible.



I--though heart might find relief Did I become a Christian man and choose for my belief What seems most welcome in the tomb--play a predestined part. Homer is my example and his unchristened heart.

I--though heart might find relief Did I become a Christian man and choose for my belief What seems most welcome in the tomb--play a predestined part. Homer is my example and his unchristened heart.




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This page presents the quote "In the 1970s we saw a massive shift of household savings from the banks to the brokerage firms.". Author of this quote is Ron Chernow. This quote is about saving, massive, saws, firm, savings, household,.