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. Ron Chernow bigboydisadvantage Change image and share on social
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 averagebeatcircle share on social
Partly because his life ended before the age of 50, Hamilton was defined by the other founding fathers, and he managed, with amazing consistency, to alienate most of them. Ron Chernow agealienateamaze Change image and share on social
By the late 1980s people realized that houses did not always appreciate and that they could fluctuate like any other market commodity. Ron Chernow 1980scommodityfluctuate Change image and share on social
After being Washington's aide for four years and becoming the hero of Yorktown, Hamilton was viewed with a great deal of suspicion because of his association with Tories. Ron Chernow aideassociationdeal Change image and share on social
The American public historically was really not part of the stock market. Ron Chernow americanhistoricallymarket Change image and share on social
Early on, New York already had a national and even international identity. Ron Chernow earlyidentityinternational Change image and share on social
The founding fathers were not only brilliant, they were system builders and systematic thinkers. They came up with comprehensive plans and visions. Ron Chernow brilliantbuildercomprehensive Change image and share on social
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 americanbankbanker share on social
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. Ron Chernow blindholemarket Change image and share on social
