Quote by Ron Chernow
If you go back to the time of J.P. Morgan, the world of high finan

If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations, governments, and to extremely wealthy individuals. – Ron Chernow

Other quotes by Ron Chernow

You dont want too much fear in a market, because people will be blinded to some very good buying opportunities. You dont want too much complacency because people will be blinded to some risk. – Ron Chernow

Category:
Fear
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The Great Inflation of the 1970s destroyed faith in paper assets, because if you held a bond, suddenly the bond was worth much less money than it was before. – Ron Chernow

Category:
Faith
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We really havent had very much experience with people funding their retirement out of the stock market, and we dont know, frankly, how it would work under every scenario. – Ron Chernow

Category:
Experience
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Other Quotes from
finance
category

Wealth consists not in having great possessions, but in having few wants. – Epictetus

Category:
finance

Dont gamble take all your savings and buy some good stock and hold it till it goes up, then sell it. If it dont go up, dont buy it. – Will Rogers

Category:
finance

Wealth, in even the most improbable cases, manages to convey the aspect of intelligence. – John Kenneth Galbraith

Category:
finance

A moderate addiction to money may not always be hurtful but when taken in excess it is nearly always bad for the health. – Clarence Day

Category:
finance

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We do not need more intellectual power, we need more spiritual power. We do not need more of the things that are seen, we need more of the things that are unseen. – Calvin Coolidge

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As I grow older I pay less attention to what men say. I just watch what they do. – Andrew Carnegie

Category:
Action

Freedom from fear could be said to sum up the whole philosophy of human rights. – Dag Hammarskjold

Category:
Fear

No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable. – Adam Smith

Category:
Society