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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

"Stop confusing poor decision-making with destiny. Take accountability. Wanting, praying, hoping, and wishing for change isn't enough. Desire doesn't changes lives; BEHAVIOR does."

"And despite the insignificance of the instant we have so far occupied in cosmic time, it is clear that what happens on and near Earth at the beginning of the second cosmic year will depend very much on the scientific wisdom and the distinctly human sensitivity of mankind."

"We can surely no longer pretend that our children are growing up into a peaceful, secure, and civilized world. We've come to the point where it's irresponsible to try to protect them from the irrational world they will have to live in when they grow up. The children themselves haven't yet isolated themselves by selfishness and indifference; they do not fall easily into the error of despair; they are considerably braver than most grownups. Our responsibility to them is not to pretend that if we don't look, evil will go away, but to give them weapons against it."

"Like Cato, give his little senate laws, and sit attentive to his own applause."

"A responsible woman is one who sees opportunities of service and responds to them quickly. In her dwells the ability to see and respond to opportunities."

"Accept responsibilities for all your actions. Learn from your past and your mistakes."

"Christians don't the moral right to be indifferent."

"The devil may not be interested in preventing you from knowing the undone job. What he may do is to make you think it's somebody's job and not yours."

"We have a duty to care for the environment."

"Stop the blame game, you can't win it! All fans of blame are defeated in every way... Don't join them!"
Explore more quotes by Ron Chernow


"That strategy of buy and hold, which is the sound and sensible one for the individual, can have very dangerous and perverse effects for the market as a whole."


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


"A lot of the money in the stock market is really our national retirement plan, for better or worse."


"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."


"I think one of the important things that's happened in the course of the century is that life expectancy has doubled."


"After 1929, so many people had been traumatized by the stock market crash that there was a lost generation."


"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."


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


"When news of the crash came, probably a lot of people in small towns and farms across America felt a sense of grim satisfaction that the sinners had finally been punished for their wicked ways."


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