In the 1920s you could buy stocks on margin. You could put 10 percent down and borrow the rest against your stocks. Ron Chernow 1920sborrowbuy Change image and share on social
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. Ron Chernow bearbullcover Change image and share on social
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. Ron Chernow bigboydisadvantage Change image and share on social
Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks. Ron Chernow diversificationfundhistorically Change image and share on social
The mutual fund industry and small investors are very relentless and very unforgiving if people don't perform. Ron Chernow fundindustryinvestor Change image and share on social
I think there's a tide that tends to carry historians back to the past. Ron Chernow backcarryhistorian Change image and share on social
Writing about dead white males seems to be out of favor among academics. Ron Chernow academicdeadfavor Change image and share on social
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. Ron Chernow appealbackbank share on social
The history of Wall Street is inseparable from New York. Ron Chernow historyinseparablestreet Change image and share on social
I'm a biographer; I can live with a little hyperbole. Ron Chernow biographerhyperbolelive Change image and share on social
