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"I'm dubious about having Social Security put into the stock market. I think that we have gotten very far away from the idea that there's something sacrosanct about retirement investments."
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Exlpore more Creativity quotes
"The future is created by those who have a great imagination and the will to make it a reality by their actions."
"The design of a book is the pattern of a reality controlled and shaped by the mind of a writer."
"Skill gives you legs to jog, talent gives you legs to run, brilliance gives you legs to sprint, but genius gives you wings to fly."
"For you to make your creative work creative, you must seek creativity from the creator."
"Imagination is a glorious wonder."
"Writing the same kind of material is no guarantee you'll be working from the same ethos so that writers from different fields are just as likely to have an understanding of each other's work as someone working in the same genre."
"I want to paint the rest of my days with the best colors."
"It does not need to be perfect - or technically correct - to be magic."
"What may be myth in one world may always be fact in some other."
"I earn the magic of words by writing.I learn the myth of worlds by imagining."
Explore more quotes by Ron Chernow
"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."
"After 1929, so many people had been traumatized by the stock market crash that there was a lost generation."
"In the 1920s you could buy stocks on margin. You could put 10 percent down and borrow the rest against your stocks."
"A lot of the money in the stock market is really our national retirement plan, for better or worse."
"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."
"The Great Inflation of the 1970s destroyed faith in paper assets, because if you held a bond, suddenly the bond was worth much less money than it was before."
"What I find very interesting about the mutual funds managers is that here are people who are the new masters of the universe. They're managing billions, yet they're subject to this quiet daily tyranny of numbers."
"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."
"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."
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