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I'm dubious about having Social Security put into the stock market. I think that we have gotten very far away from the idea that there's something sacrosanct about retirement investments.

Ron Chernow

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Ron Chernow
Age: 75
Born: 1949
Born: March 3
Biographer
Historian
Journalist
Writer
Brooklyn
New York
Chernow
Ronald Chernow
Ideas
Retirement
Something
Gotten
Think
Investment
Thinking
Market
Security
Sacrosanct
Idea
Dubious
Social
Investments
Away
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Early on, New York already had a national and even international identity.
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We really haven't had very much experience with people funding their retirement out of the stock market, and we don't know, frankly, how it would work under every scenario.
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The richly cadenced prose is hypnotic, the research prodigious, the analysis acute, the mood spellbinding, and the cast of characters mythic in scale. I cannot conceive of a better book about Capitol Hill. An unforgettable, epic achievement in the art of biography.
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The mutual fund industry and small investors are very relentless and very unforgiving if people don't perform.
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I'm a biographer I can live with a little hyperbole.
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The best argument for mutual funds is that they offer safety and diversification. But they don't necessarily offer safety and diversification.
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I have developed a very strong partiality for the dead: they don't talk back, they don't sue, and they don't have angry relatives.
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By the late 1980s people realized that houses did not always appreciate and that they could fluctuate like any other market commodity.
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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.
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Unless you devote an enormous amount of time to anticipating the future, you won't have any future.
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In waiting for the glorious moment of that first book contract, writers must have giant reservoirs of patience. Yet they must persevere because they don't know the destiny that is being worked out for them. They creep humbly along the ground, without the spacious aerial vision of their lives that would show them the destiny in store for them.
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