Home
Topics
Authors
:
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z

Ron Chernow Quotes

American - Author | March 3, 1949 -

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

American Stock Market Market Public

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.

Time Finance World You Back Wall

In the 1920s, Wall Street was a world that was really dominated by professional speculators and stock pools. These people had a monopoly over information.

People World Information Wall Street

The securities laws of the 1930s were so important because it forced companies to file registration statements and issue prospectuses, and it remedied the imbalance of information.

Information Important 1930s Laws

When news of the crash came, probably a lot of people in small towns and farms across America felt a sense of grim satisfaction that the sinners had finally been punished for their wicked ways.

People Small America Satisfaction

The public has lost faith in the ability of Social Security and Medicare to provide for old age. They've lost faith in the banking system and in conventional medical insurance.

Age Faith Old Age Medical Insurance

There is a kind of fear, approaching a panic, that's spreading through the Baby Boom Generation, which has suddenly discovered that it will have to provide for its own retirement.

Fear Baby Retirement Generation Kind

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

Money Retirement Better Plan Market

By the late 1980s people realized that houses did not always appreciate and that they could fluctuate like any other market commodity.

People Appreciate Late Always Market

In the 1970s we saw a massive shift of household savings from the banks to the brokerage firms.

Savings Saw Shift Banks Massive

I think those who invest in mutual funds want someone else to do the thinking for them. But the fact that they can move the money around the family of mutual funds just through a phone call lets them feel that they can play tycoons.

Family Money Think Thinking Someone

When the market is just going up, up, and up, we all tend to be blind to the holes in the market. They're all papered over by the rise.

Blind Rise Over Up Going Market

First Prev page 1 234 5 6 Next page Last

Copyright © 2024 QuotesDict Ron Chernow quotes