Ron Chernow | "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."

"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, American Author

Market, Blind

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"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."

"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."

Author Name

Personal Development

"To be a novelist, all I need is a pen and a piece of paper."

Author Name

Personal Development

"To me, America is just another market."

Author Name

Personal Development

"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."

Finance

"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."

Money

"Because of the love affair between the American public and the stock market, it is possible for entrepreneurs, technological visionaries and inventors of every sort to get financing."

Love

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

People

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

Attitude

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

Money

"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."

People

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

History

"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."

Faith

"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."

People

17

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Customized

More

"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."

Author Name

Personal Development

"To be a novelist, all I need is a pen and a piece of paper."

Author Name

Personal Development

"To me, America is just another market."

Author Name

Personal Development

More

"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."

Finance

"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."

Money

"Because of the love affair between the American public and the stock market, it is possible for entrepreneurs, technological visionaries and inventors of every sort to get financing."

Love

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

People

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

Attitude

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

Money

"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."

People

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

History

"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."

Faith

"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."

People