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
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
Partly because his life ended before the age of 50, Hamilton was defined by the other founding fathers, and he managed, with amazing consistency, to alienate most of them. – Ron Chernow
I have developed a very strong partiality for the dead: they dont talk back, they dont sue, and they dont have angry relatives. – Ron Chernow
The confidence is really driven by the woman – whether she can have the confidence that there will be enough earning or income to finance all the domestic spending – but also by the middle-income class, which for many Asian countries has become the growth power for the economy. – Sri Mulyani Indrawati