In the 1920s you could buy stocks on margin. You could put 10 percent down and borrow the rest against your stocks. Ron Chernow
Hamilton had one of those extraordinary 18th-century minds that touched on virtually every major topic of the day. Ron Chernow
After 1929, so many people had been traumatized by the stock market crash that there was a lost generation. 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
Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks. Ron Chernow
You don't want too much fear in a market, because people will be blinded to some very good buying opportunities. You don't want too much complacency because people will be blinded to some risk. Ron Chernow
The best argument for mutual funds is that they offer safety and diversification. But they don't necessarily offer safety and diversification. Ron Chernow
I think one of the important things that's happened in the course of the century is that life expectancy has doubled. Ron Chernow
A lot of the money in the stock market is really our national retirement plan, for better or worse. Ron Chernow
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. Ron Chernow
Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market. Ron Chernow
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. Ron Chernow
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. Ron Chernow
Their prejudice allowed white Southerners to look the other way when blacks were denied their most basic human rights, and it encouraged the worst of them to engage in unspeakable acts of cruelty and violence.Linda Chavez
Less than 8 percent of private sector workers belonged to a union in 2004, and, overall, only 12.5 percent of American workers carry a union card - down from about one-third of workers in labor's heydays in the 1950s. Linda Chavez
The United Nations has become a largely irrelevant, if not positively destructive institution, and the just-released U.N. report on the atrocities in Darfur, Sudan, proves the point. Linda Chavez