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"Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks."
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Exlpore more Responsibility quotes

"Don't expect miracles why you have not done anything."

"When we overemphasise miracles we are saying people could get something without qualification and merit."

"Don't wait for the Last Judgment. It takes place every day."

"Take accountability... Blame is the water in which many dreams and relationships drown."

"Success and greatness in life belongs to those who take responsibility."

"One gets 'headaches', because he gives headache to others."

"You need to re-assess your responsibility before making any necessary conclusion."

"We all pay for our choices."

"I do not want to credit my life to spells and rituals, cushioning me from the consequences of living."

"Self - help courses will only help you if they teach you to pay attention to life itself."
Explore more quotes by Ron Chernow


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


"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."


"If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations, governments, and to extremely wealthy individuals."


"I think those who invest in mutual funds want someone else to do the thinking for them. But the fact that they can move the money around the family of mutual funds just through a phone call lets them feel that they can play tycoons."


"Mutual funds give people the sense that they're investing with the big boys and that they're really not at a disadvantage entering the stock market."


"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."


"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."


"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."


"One of the very nice things about investing in the stock market is that you learn about all different aspects of the economy. It's your window into a very large world."


"There is no country in the world where it's as easy to find venture capital in the stock market as the United States."
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