"In the 1970s we saw a massive shift……" — Ron Chernow
"In the 1970s we saw a massive shift of household savings from the banks to the brokerage firms."
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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 Banks Quotes
This quote is filed under Banks Quotes,
one of 480 quotes in that category. Here are a few more:
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Banks are so protected from liability they would have to really do something that was their mistake in order for…
— Frank Abagnale
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Central banks don't have divine wisdom. They try to do the best analysis they can and must be prepared to…
— Mary Kay Ash
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The issue which has swept down the centuries and which will have to be fought sooner or later is the…
— Lord Acton
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The privilege of ruling would be in the hands of the skilled and the learned, with a wide scope left…
— Mikhail Bakunin
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The river flows at its own sweet will, but the flood is bound in the two banks. If it were…
— Vinoba Bhave
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Every Republican's voted for it. Look at what they value and look at their budget and what they're proposing. Romney…
— Joe Biden
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And I think the more money you put in people's hands, the more they will spend. And if they don't…
— Michael Bloomberg
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At the heart of banking is a suicidal strategy. Banks take money from the public or each other on call,…
— James Buchan
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This nation is like a spring freshet; it overruns its banks and destroys all who are in its path.
— Sitting Bull
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Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional…
— Vince Cable
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Don't blame Wall Street, don't blame the big banks. If you don't have a job and you are not rich,…
— Herman Cain
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I was Chairman of the Federal Reserve Bank of Kansas City. As you know, there are twelve banks and they…
— Herman Cain
See all 480 Banks Quotes »