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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."

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"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."

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Donna Grant

"A drunkard would not give money to sober people. He said they would only eat it, and buy clothes and send their children to school with it."

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Personal Development

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Donna Grant

"Money cannot buy you love. But it sure can buy you things that some people will love you for having."

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Personal Development

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Donna Grant

"All about the fucking money... money... money... thinking it's for the good for your generation... but so far it's neither and for that and neither and for that... It's mostly for the worst of your generation and other's generations."

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Personal Development

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Donna Grant

"To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity."

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Personal Development

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Donna Grant

"It is not important how much money you gave away. It is important what good it will do on the way."

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Personal Development

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Donna Grant

"The Bible does not say money is the root of all evil; it says the love of money is the root of all kinds of evil. A poor man who, in his heart, worships the idea of being rich is more vulnerable to its evils than a rich man who has a heart to use it all for the Lord."

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Personal Development

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Donna Grant

"As a society we're always so quick and able to spend money on lawyers for someone for incarceration, but we don't make the corresponding commitment to the preventative components of it."

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Personal Development

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Donna Grant

"A drinker has a hole under his nose that all his money runs into."

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Personal Development

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Donna Grant

"You see, money isn't everything - I know it sounds corny but I really mean it - success means a lot more."

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Personal Development

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Donna Grant

"I thought I had too much money to be happy and normal. Thousand of pounds is just too much for a working person to handle all of a sudden, and I felt I didn't deserve it."

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Personal Development

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

Finance

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Ron Chernow
"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."

Creativity

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Ron Chernow
"By the late 1980s people realized that houses did not always appreciate and that they could fluctuate like any other market commodity."

People

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Ron Chernow
"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

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