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"In the 1920s you could buy stocks on margin. You could put 10 percent down and borrow the rest against your stocks."
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Exlpore more Attitude quotes
"And the attitude of faith is the very opposite of clinging to belief, of holding on."
"Don't kill the game with your 'funk', elevate it with your humility."
"The attitude and capacity of the factory, the old metal table and the new ideas of the wooden furniture quickly and naturally suggested the possibility of metal furniture."
"Learn to process what happens as a positive."
"Hence, within the space of two generations there has been a complete revolution in the attitude of the trades-unions toward the women working in their trades."
"Style is a reflection of your attitude and your personality."
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."
"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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