#hi

As the bull market goes on, people who take great risks achieve great rewards, seemingly without punishment. It's like crime without punishment or sex without sin. ↗

— Ron Chernow

#bull #bull market #crime #goes #great

Cooper wrote a novel which is absolutely indistinguishable from Austen, completely from a female point of view, completely English, no sense that he was an American. ↗

— Leslie Fiedler

#american #austen #completely #cooper #english

I don't think that a mutual fund that invests exclusively in biotech start-ups or invests exclusively in companies in Thailand offers any great safety or diversification. ↗

— Ron Chernow

#biotech #companies #diversification #exclusively #fund

Once the brokerage house, rather than the bank, became the locus for American savings, that money would find its way into the stock market, because the broker was someone with a much higher tolerance for risk than the banker. ↗

— Ron Chernow

#bank #banker #became #because #broker

I can't play anywhere near like I used to, and I was a hot drummer. It doesn't bother me, because frankly, if you get to that point where you can't hold a drumstick properly, there are many other things in life which are far more important, like cutting a loaf of bread or a piece of cheese. ↗

— Phil Collins

#because #bother #bread #cheese #cutting

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. ↗

— Ron Chernow

#back #banks #completely #corporations #exclusively

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

— Ron Chernow

#funds #historically #individual #mutual #mutual funds

I got to have a TV show that really was the talk of the nation for a while there. So I'm a very lucky guy. ↗

— Marc Cherry

#guy #i #lucky #lucky guy #nation

That strategy of buy and hold, which is the sound and sensible one for the individual, can have very dangerous and perverse effects for the market as a whole. ↗

— Ron Chernow

#dangerous #effects #hold #individual #market

I don't really belong to that world and I don't think anyone's going to miss me. I'm much happier just to write myself out of the script entirely. ↗

— Phil Collins

#belong #entirely #going #happier #i