As the bull market goes on, people who take great risks achieve great rewards, seemingly without punishment. It's like crime without punishment… — Ron Chernow Copy Share Image
“At the Constitutional Convention, Elbridge Gerry had bawdily likened standing armies to a tumescent penis: “An excellent assurance of domestic tranquillity, but… — Ron Chernow Adventure Copy Share Image
Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks. — Ron Chernow Customer Copy Share Image
Hamilton had a certain social versatility, and in a way, that is understandable because he's someone who rises up from the lowest… — Ron Chernow Hamilton Copy Share Image
Partly because his life ended before the age of 50, Hamilton was defined by the other founding fathers, and he managed, with… — Ron Chernow Age Copy Share Image
I think one of the important things that's happened in the course of the century is that life expectancy has doubled. — Ron Chernow Copy Share Image
“In another message he wrote, “I am a verb instead of a personal pronoun. A verb is anything that signifies to be;… — 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
“Johnson had unleashed the political equivalent of an act of war against Congress. Retaliating against the president’s violation of the Tenure of… — Ron Chernow Crimes and misdemeanors Copy Share Image
“In February 1866, he testified before Congress to oppose suffrage for former slaves: “My own opinion is that, at this time, they… — Ron Chernow Copy Share Image
“While Grant was celebrated as a victorious wartime general and the president who had peacefully settled the Alabama claims, most gratifying to… — Ron Chernow Copy Share Image
“raiders, the United States wanted Great Britain to foot the bill for the entire war cost after Gettysburg, some $2 billion, the… — Ron Chernow Gettysburg Copy Share Image
“Grant notified the president that he had vacated the office and no longer functioned as war secretary. Faced with this fait accompli,… — Ron Chernow Copy Share Image
“His subordinates remembered him as tough but fair-minded. Years later, one of them retained Hamilton as a lawyer, even though he had… — Ron Chernow Copy Share Image
“Now, for reasons both symbolic and practical, the crowd pulled George III down from his pedestal, decapitating him in the process. The… — Ron Chernow Copy Share Image
“Hamilton, back by August 13, dove into a debate that passionately engaged him: immigration. He opposed any attempt to restrict membership in… — Ron Chernow Hamilton Copy Share Image
“the Ku Klux Klan Act. He had planned a California trip that spring, but canceled it in the belief that he couldn’t… — Ron Chernow Federal government Copy Share Image
“Nothing in all history,” William Lloyd Garrison wrote, equaled “this wonderful, quiet, sudden transformation of four millions of human beings from . . . the… — Ron Chernow Amendment Copy Share Image
“Predictably, northern military units predominated, but the presence of Confederate soldiers touched onlookers. “It was quite a sight to see the Stonewall… — Ron Chernow Copy Share Image
“As in past years, the self-absorbed Jesse Root Grant and equally self-absorbed Colonel Dent continued to find each other insufferable and Grant… — Ron Chernow Old man Copy Share Image
“Around this time he performed a ceremony that he had contemplated for some time. He asked Fred to compose a letter requesting… — Ron Chernow Family members Copy Share Image
“The American Revolution and its aftermath coincided with two great transformations in the late eighteenth century. In the political sphere, there had… — Ron Chernow American revolution Copy Share Image
“eight thousand Republicans crammed into Crosby’s Opera House for a veritable coronation of Ulysses S. Grant. To play on wartime memories, General… — Ron Chernow Opera house 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… — Ron Chernow Christmas eve Copy Share Image
“Both Hamilton and Madison were rational men who assumed that people often acted irrationally because of ambition and avarice. Madison wrote, “If… — Ron Chernow Copy Share Image
As a bull market continues, almost anything you buy goes up. It makes you feel that investing in stocks is a very… — Ron Chernow Bull market Copy Share Image
“liberty may be endangered by the abuses of liberty as well as by the abuses of power. . . . [T]he former rather than the… — Ron Chernow Freedom 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… — Ron Chernow Copy Share Image
“As a West Point graduate, Grant had enjoyed an insider’s knowledge of military personnel during the war, but as a Washington outsider,… — Ron Chernow West point Copy Share Image
There is no country in the world where it's as easy to find venture capital in the stock market as the United… — Ron Chernow Country Copy Share Image
The thing with all the Founding Fathers, one of the most common words they used was 'posterity.' They were constantly referring to… — Ron Chernow Founding fathers Copy Share Image
“For some, the credo sounded blandly vacuous and Henry Adams wisecracked that “Let Us Have Peace” meant only “Leave Me Alone.” — Ron Chernow Peace Copy Share Image
“Julia’s brother Lewis, who remained in California, allowed them to use his house “Wish-ton-wish”—an Indian term meaning whip-poor-will—” — Ron Chernow Copy Share Image
“In the end, nobody would do more than Alexander Hamilton to infuse life into this parchment and make it the working mandate… — Ron Chernow American government Copy Share Image
“Simon Wolf wrote during Woodrow Wilson’s tenure, “President Grant did more on behalf of American citizens of Jewish faith at home and… — Ron Chernow Copy Share Image
One of the special characteristics of New York is that it is different from a London or a Paris because it's the… — Ron Chernow Copy Share Image
There is a kind of fear, approaching a panic, that's spreading through the Baby Boom Generation, which has suddenly discovered that it… — Ron Chernow Baby Copy Share Image
“Grant was peppered with conflicting reports from white Democrats and black Republicans in Mississippi, who seemed to reside on different planets. One… — Ron Chernow Copy Share Image
The securities laws of the 1930s were so important because it forced companies to file registration statements and issue prospectuses, and it… — 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 Argument Copy Share Image