After 1929, so many people had been traumatized by the stock market crash that there was a lost generation.

Quote by Ron Chernow

Topics: Ron Chernow Quotes

After being Washington's aide for four years and becoming the hero of Yorktown, Hamilton was...

After being Washington's aide for four years and becoming the hero of Yorktown, Hamilton was...

I think one of the important things that's happened in the course of the century...

I think one of the important things that's happened in the course of the century...

In the 1920s you could buy stocks on margin. You could put 10 percent down...

In the 1920s you could buy stocks on margin. You could put 10 percent down...

There is a kind of fear, approaching a panic, that's spreading through the Baby Boom...

There is a kind of fear, approaching a panic, that's spreading through the Baby Boom...

The American public historically was really not part of the stock market.

The American public historically was really not part of the stock market.

Mutual fund managers are trapped in this rather deadly vicious circle: the more successful they...

Mutual fund managers are trapped in this rather deadly vicious circle: the more successful they...

The public has lost faith in the ability of Social Security and Medicare to provide...

The public has lost faith in the ability of Social Security and Medicare to provide...

There were two qualities about the mutual funds of the 1920s that made them extremely...

There were two qualities about the mutual funds of the 1920s that made them extremely...

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

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

Partly because his life ended before the age of 50, Hamilton was defined by the...

Partly because his life ended before the age of 50, Hamilton was defined by the...

The best argument for mutual funds is that they offer safety and diversification. But they...

The best argument for mutual funds is that they offer safety and diversification. But they...

When the market is just going up, up, and up, we all tend to be...

When the market is just going up, up, and up, we all tend to be...

One of the special characteristics of New York is that it is different from a...

One of the special characteristics of New York is that it is different from a...

Because of the love affair between the American public and the stock market, it is...

Because of the love affair between the American public and the stock market, it is...

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

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

What I find very interesting about the mutual funds managers is that here are people...

What I find very interesting about the mutual funds managers is that here are people...

Mutual funds give people the sense that they're investing with the big boys and that...

Mutual funds give people the sense that they're investing with the big boys and that...

In the 1920s, Wall Street was a world that was really dominated by professional speculators...

In the 1920s, Wall Street was a world that was really dominated by professional speculators...

I have developed a very strong partiality for the dead: they don't talk back, they...

I have developed a very strong partiality for the dead: they don't talk back, they...

The founding fathers were not only brilliant, they were system builders and systematic thinkers. They...

The founding fathers were not only brilliant, they were system builders and systematic thinkers. They...