Mutual funds give people the sense that they're investing with the big boys and that they're really not at a disadvantage entering the stock market.

Quote by Ron Chernow

Topics: Ron Chernow Quotes

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...

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...

A lot of the money in the stock market is really our national retirement plan,...

A lot of the money in the stock market is really our national retirement plan,...

I'm dubious about having Social Security put into the stock market. I think that we...

I'm dubious about having Social Security put into the stock market. I think that we...

The history of Wall Street is inseparable from New York.

The history of Wall Street is inseparable from New York.

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 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...

I don't think that a mutual fund that invests exclusively in biotech start-ups or invests...

I don't think that a mutual fund that invests exclusively in biotech start-ups or invests...

A crash really occurs when you suddenly have a violent downturn in the market that...

A crash really occurs when you suddenly have a violent downturn in the market that...

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...

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...

If you go back to the time of J.P. Morgan, the world of high finance...

If you go back to the time of J.P. Morgan, the world of high finance...

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...

The mutual fund industry and small investors are very relentless and very unforgiving if people...

The mutual fund industry and small investors are very relentless and very unforgiving if people...

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

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

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...

I think there's a tide that tends to carry historians back to the past.

I think there's a tide that tends to carry historians back to the past.

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...

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 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...