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"A lot of the money in the stock market is really our national retirement plan, for better or worse."
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"If advertisers spent the same amount of money on improving their products as they do on advertising then they wouldn't have to advertise them."

"Because people have no thoughts to deal in, they deal cards, and try and win one another's money. Idiots!"

"One of the evils of money is that it tempts us to look at it rather than at the things that it buys."

"Politics has become so expensive that it takes a lot of money even to be defeated."

"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."

"Money and women are the most sought after and the least known about of any two things we have."

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

"Apart from earning an awful lot of money, why would you go to Hollywood?"
Explore more quotes by Ron Chernow


"The mutual fund industry and small investors are very relentless and very unforgiving if people don't perform."


"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."


"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."


"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."


"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."


"As a bull market continues, almost anything you buy goes up. It makes you feel that investing in stocks is a very easy and safe and that you're a financial genius."


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


"The founding fathers were not only brilliant, they were system builders and systematic thinkers. They came up with comprehensive plans and visions."


"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."


"You don't want too much fear in a market, because people will be blinded to some very good buying opportunities. You don't want too much complacency because people will be blinded to some risk."
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