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"The history of Wall Street is inseparable from New York."
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"The commonplace books of the old Puritans were invaluable to them. They would never have been able to compile such works as they did if they had not been careful in collecting and arranging their matter under different heads."
"The only lesson you can learn from history is that it repeats itself."
"Well, for us, in history where goodness is a rare pearl, he who was good almost takes precedence over he who was great."
"Robbing people of their actual history is the same as robbing them of part of themselves. It's a crime."Fuka-Eri thought about that for a moment.Tengo went on, "Our memory is made up of our individual memories and our collective memories. The two are intimately linked. And history is our collective memory. If our collective memory is taken from us - is rewritten - we lose the ability to sustain our true selves."
"The tragedy about history - personally and globally - is that while we may learn it we rarely learn from it."
"By the rude bridge that arched the flood, Their flag to April's breeze unfurled, Here once the embattled farmers stood, And fired the shot heard round the world. The foe long since in silence slept; Alike the conqueror silent sleeps; And Time the ruined bridge has swept, Down the dark stream which seaward creeps. On this green bank, by this soft stream, We set to-day a votive stone; That memory may their deed redeem, When, like our sires, our sons are gone. Spirit, that made those heroes dare, To die, and leave their children free, Bid Time and Nature gently spare, The shaft we raise to them and thee."
"The whole of world history often seems to me nothing more than a picture book which portrays humanity's most powerful and a senseless desire - the desire to forget. Does not each generation, by means of suppression, concealment, and ridicule, efface what the previous generation considered most important?"
Explore more quotes by Ron Chernow
"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."
"The founding fathers were not only brilliant, they were system builders and systematic thinkers. They came up with comprehensive plans and visions."
"Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks."
"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."
"One of the special characteristics of New York is that it is different from a London or a Paris because it's the financial capital, and the cultural capital, but not the political capital."
"A lot of the money in the stock market is really our national retirement plan, for better or worse."
"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."
"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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