“There were two qualities about the mutual funds of the 1920s that made them extremely speculative. One was that they were heavily leveraged. Two, mutual funds were allowed to invest in other mutual funds.Quote by Ron ChernowTopics: Quotes about Ron ChernowShare on:FacebookPinterestWhatsApp
Mutual fund managers are trapped in this rather deadly vicious circle: the more successful they...#Ron Chernow
Mutual funds have historically offered safety and diversification. And they spare you the responsibility of...#Ron Chernow
We really haven't had very much experience with people funding their retirement out of the...#Ron Chernow
The founding fathers were not only brilliant, they were system builders and systematic thinkers. They...#Ron Chernow
The mutual fund industry and small investors are very relentless and very unforgiving if people...#Ron Chernow
