Mutual fund managers are trapped in this rather deadly vicious circle: the more successful they are, the more money flows into their… — Ron Chernow Copy Share Image
I don't think that a mutual fund that invests exclusively in biotech start-ups or invests exclusively in companies in Thailand offers any… — Ron Chernow Copy Share Image
The mutual fund industry and small investors are very relentless and very unforgiving if people don't perform. — Ron Chernow Copy Share Image
Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks. — Ron Chernow Copy Share Image
Mutual funds give people the sense that they're investing with the big boys and that they're really not at a disadvantage entering… — Ron Chernow Copy Share Image
There were two qualities about the mutual funds of the 1920s that made them extremely speculative. One was that they were heavily… — Ron Chernow Copy Share Image
What I find very interesting about the mutual funds managers is that here are people who are the new masters of the… — Ron Chernow Copy Share Image
I think those who invest in mutual funds want someone else to do the thinking for them. But the fact that they… — Ron Chernow Copy Share Image
The best argument for mutual funds is that they offer safety and diversification. But they don't necessarily offer safety and diversification. — Ron Chernow Copy Share Image
“In other words, Julia still believed in the beneficial effects of tobacco long after her husband had likely died from it. Even grimacing with… — Ron Chernow Copy Share Image
“Right before his inauguration, he received a Quaker delegation and asked them to nominate Indian agents from their members. “If you can make Quakers… — Ron Chernow Copy Share Image
“Grant roomed with Fred Dent, who also singled out Grant as “the clearest headed young man I ever saw . . . He always wanted to do… — Ron Chernow Copy Share Image
The richly cadenced prose is hypnotic, the research prodigious, the analysis acute, the mood spellbinding, and the cast of characters mythic in scale. I… — Ron Chernow Copy Share Image
“Hamilton has often been extolled as the exponent of a rational foreign policy based on cool calculations of national self-interest. But his April 14… — Ron Chernow Copy Share Image
“While the folks at home embraced him as an improbable hero, Washington was denigrated in England as a reckless young warrior and in France… — Ron Chernow Copy Share Image
“the immorality of slavery became patently clear that spring. He had acquired from Colonel Dent the mulatto slave named William Jones who had worked… — Ron Chernow Copy Share Image
“As his life steadily unraveled, he pawned his gold watch and chain for $20 on December 23, 1857, to purchase Christmas presents for his… — Ron Chernow Copy Share Image
“Grant had overwhelmingly won the electoral vote, and had garnered the largest popular majority of the century, nearly 56 percent of the vote, the… — Ron Chernow Copy Share Image
“The chief quartermaster on the West Coast, Robert Allen, an old friend of Grant’s, learned he was holed up in a cheap miner’s hotel… — Ron Chernow Copy Share Image
“Returning to his Manhattan town house on Christmas Eve, Grant, sixty-one, pivoted to hand the driver a holiday tip when he slipped on the… — Ron Chernow Copy Share Image
“When he bet Julia that she wouldn’t dare to descend into the mine, located seventeen hundred feet below, it roused her fighting spirit and… — Ron Chernow Copy Share Image
