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Ron Chernow

"Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market."

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"Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market."

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Donna Grant

"We cannot measure time. We can only measure changes of life and the universe."

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Personal Development

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Donna Grant

"I wouldn't ask too much of her,' I ventured. 'You can't change the past.''Can't change the past?' he cried incredulously. 'Why of course you can!"

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Personal Development

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Donna Grant

"Life is a bubble in the ocean of time. At the same time, it can hold all the water of the ocean in her heart."

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Personal Development

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Donna Grant

"God had infinite time to give us.... He cut it up into a near succession of new mornings and with each therefore a new idea new inventions and new applications."

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Personal Development

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Donna Grant

"Time is the greatest and longest-established spinner of all. ... His factory is a secret place his work noiseless and his hands are mutes."

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Personal Development

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Donna Grant

"Eternity is a mere moment, just long enough for a joke."

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Personal Development

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Donna Grant

"The value of time is immeasurable."

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Personal Development

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Donna Grant

"Sometimes I feel like if you just watch things, just sit still and let the world exist in front of you - sometimes I swear that just for a second time freezes and the world pauses in its tilt. Just for a second. And if you somehow found a way to live in that second, then you would live forever."

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Personal Development

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Donna Grant

"Worrying about what happened on Monday, or, what might happen on Wednesday, is at the expense of one's Tuesday."

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Personal Development

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Donna Grant

"Here is one fact 1 minute to finish the class, 1 day to die, one day behind that fact, one day in that fact, one day before my birthday will come, one day before I will finish... (So far one day is popular... that's a fact called itself zipf law... )...Call it how you want, but for my it's zipfy law!"

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Ron Chernow
"After 1929, so many people had been traumatized by the stock market crash that there was a lost generation."

People

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Ron Chernow
"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

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Ron Chernow
"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."

Finance

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Ron Chernow
"Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market."

Time

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Ron Chernow
"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

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Ron Chernow
"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

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

Responsibility

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Ron Chernow
"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."

Money

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Ron Chernow
"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."

Faith

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

Finance

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