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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
"When we overemphasise miracles we are saying people could get something without qualification and merit."
"Success and greatness in life belongs to those who take responsibility."
"True deliverers identify themselves with the sins of their people, they take the blames upon themselves."
"Any church that is overly emphasizing the role of miracles is encouraging his members to be indolent."
"You shouldn't blame others for the conditions you endure, we each have the freedom to follow which path we desire in life."
"Accept that you can and will do what you must do, to take good care of yourself."
"Only you are responsible for your life and for your life and making it a happy life."
"People who are indifferent about the happenings around them are human biomasses."
"If it is God's business, then it should be your business."
"Accidents and sicknesses are accepted as deserved retribution by the person who has feelings of guilt."
Explore more quotes by Ron Chernow
"The mutual fund industry and small investors are very relentless and very unforgiving if people don't perform."
"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."
"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."
"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."
"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."
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