Ron Chernow
Ron Chernow
RonaldChernowis an American writer, journalist, historian, and biographer. He has written bestselling and award-winning biographies of historical figures from the world of business, finance, and American politics...
NationalityAmerican
ProfessionNon-Fiction Author
Date of Birth3 March 1949
CountryUnited States of America
country world venture
There is no country in the world where it's as easy to find venture capital in the stock market as the United States.
long bulls crash
A crash really occurs when you suddenly have a violent downturn in the market that then heralds a long bull market.
people generations crash
After 1929, so many people had been traumatized by the stock market crash that there was a lost generation.
hero years yorktown
After being Washington's aide for four years and becoming the hero of Yorktown, Hamilton was viewed with a great deal of suspicion because of his association with Tories.
entrepreneur visionaries affair
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.
opportunity people risk
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.
sound strategy individual
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.
littles hyperbole i-can
I'm a biographer; I can live with a little hyperbole.
taken son men
A prudent silence will frequently be taken for wisdom and a sentence or two cautiously thrown in will sometimes gain the palm of knowledge, while a man well informed but indiscreet and unreserved will not uncommonly talk himself out of all consideration and weight. (Alexander Hamilton's 'thesis on discretion' written to his son James shortly before his fatal duel with Burr.)
enemy opinion silent
Washington once advised his adopted grandson that where there is no occasion for expressing an opinion, it is best to be silent. For there is nothing more certain than that it is at all times more easy to make enemies than friends.
responsibility safety mutual-fund
Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks.
new-york identity national-identity
Early on, New York already had a national and even international identity.
nice different investing
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.
new-york paris political
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.