#y

A crash really occurs when you suddenly have a violent downturn in the market that then heralds a long bull market. ↗

— Ron Chernow

#bull market #crash #downturn #heralds #long

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

— Ron Chernow

#lot #market #money #national #our

Any bull market covers a multitude of sins, so there may be all sorts of problems with the current system that we won't see until the bear market comes. ↗

— Ron Chernow

#bear #bull #bull market #comes #covers

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

— Ron Chernow

#carry #historians #i #i think #past

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

— Ron Chernow

#hyperbole #i #i can #little #live

In the 1920s you could buy stocks on margin. You could put 10 percent down and borrow the rest against your stocks. ↗

— Ron Chernow

#borrow #buy #could #down #margin

Mutual fund managers are trapped in this rather deadly vicious circle: the more successful they are, the more money flows into their mutual fund. Then, it is more difficult for them to beat the market averages or even to match their own past performance. ↗

— Ron Chernow

#beat #circle #deadly #difficult #even

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

— Ron Chernow

#american public #historically #market #part #public

The mutual fund industry and small investors are very relentless and very unforgiving if people don't perform. ↗

— Ron Chernow

#industry #investors #mutual #mutual fund #people

Chastity does not mean abstention from sexual wrong; it means something flaming, like Joan of Arc. ↗

— Gilbert K. Chesterton

#arc #chastity #does #flaming #joan