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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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"When you do portraits professionally it's not a desire, it's for money."

"There's a correlation between the number of digits on a man's bank balance, and, the number of things that his woman is willing to forgive him for."

"No money is better spent than what is laid out for domestic satisfaction."

"It is only if the primary or only reason you do what you do is to make money that you will envy every random person who made or makes a lot of money (or money that exceeds what you made or make)."

"Among other possibilities, money was invented to make it possible for a foolish man to control wise men; a weak man, strong men; a child, old men; an ignorant man, knowledgeable men; and for a dwarf to control giants."
Explore more quotes by Ron Chernow

"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."

"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."

"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."

"As the bull market goes on, people who take great risks achieve great rewards, seemingly without punishment. It's like crime without punishment or sex without sin."

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

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