"In the 1920s you could buy stocks on……" — Ron Chernow
"In the 1920s you could buy stocks on margin. You could put 10 percent down and borrow the rest against your stocks."
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Ron Chernow
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51 Quotes by Ron Chernow
Ron Chernow has 51 quotes on this site.
A few more worth reading:
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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…
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The founding fathers were not only brilliant, they were system builders and systematic thinkers. They came up with comprehensive plans…
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As a bull market continues, almost anything you buy goes up. It makes you feel that investing in stocks is…
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Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks.
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Mutual funds give people the sense that they're investing with the big boys and that they're really not at a…
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By the late 1980s people realized that houses did not always appreciate and that they could fluctuate like any other…
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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…
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A lot of the money in the stock market is really our national retirement plan, for better or worse.
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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…
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There is a kind of fear, approaching a panic, that's spreading through the Baby Boom Generation, which has suddenly discovered…
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Washington once advised his adopted grandson that where there is no occasion for expressing an opinion, it is best to…
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In waiting for the glorious moment of that first book contract, writers must have giant reservoirs of patience. Yet they…
See all 51 quotes by Ron Chernow »
More Borrow Quotes
This quote is filed under Borrow Quotes,
one of 363 quotes in that category. Here are a few more:
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I think it's important that people know what raising the debt ceiling is. It's Congress giving permission to the federal…
— Michele Bachmann
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Acquaintance. A person whom we know well enough to borrow from, but not well enough to lend to.
— Ambrose Bierce
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I mean, I'm a conservative. I believe that, you know, if you borrow too much, you just build up debts…
— David Cameron
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Raising the debt ceiling is not additional spending. It is simply saying, you, the United States of America, can continue…
— Jay Carney
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Affluence separates people. Poverty knits 'em together. You got some sugar and I don't; I borrow some of yours. Next…
— Ray Charles
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When you authorised Congress to borrow money, and to contract debts, for carrying on the late war, you could not…
— Unknown Author
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Nations have recently been led to borrow billions for war; no nation has ever borrowed largely for education... no nation…
— Abraham Flexner
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The knives in my apartment are only sharp enough to open envelopes with. Cutting a slice of coarse bread is…
— Peter Høeg
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Any object not interesting in itself may become interesting through becoming associated with an object in which an interest already…
— William James
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Science in England is not a profession: its cultivators are scarcely recognised even as a class. Our language itself contains…
— Charles Babbage
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Men who borrow their opinions can never repay their debts.
— E. F. L. Wood, 1st Earl of Halifax
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It is far better to borrow experience than to buy it.
— Charles Caleb Colton
See all 363 Borrow Quotes »