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.
More Quotes from Ron Chernow:
A lot of the money in the stock market is really our national retirement plan, for better or worse.Ron Chernow
What I find very interesting about the mutual funds managers is that here are people who are the new masters of the universe. They're managing billions, yet they're subject to this quiet daily tyranny of numbers.
Ron Chernow
I think those who invest in mutual funds want someone else to do the thinking for them. But the fact that they can move the money around the family of mutual funds just through a phone call lets them feel that they can play tycoons.
Ron Chernow
Writing about dead white males seems to be out of favor among academics.
Ron Chernow
Early on, New York already had a national and even international identity.
Ron Chernow
Hamilton had one of those extraordinary 18th-century minds that touched on virtually every major topic of the day.
Ron Chernow
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They say poets write mostly for themselves; if anyone else likes it, well and good, if not, it doesn't matter; certainly, not to me.
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