"The Great Inflation of the 1970s destroyed faith……" — Ron Chernow
"The Great Inflation of the 1970s destroyed faith in paper assets, because if you held a bond, suddenly the bond was worth much less money than it was before."
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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 Assets Quotes
This quote is filed under Assets Quotes,
one of 556 quotes in that category. Here are a few more:
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People are definitely a company's greatest asset. It doesn't make any difference whether the product is cars or cosmetics. A…
— Mary Kay Ash
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In my role as Wikileaks editor, I've been involved in fighting off many legal attacks. To do that, and keep…
— Julian Assange
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Don't let what you don't know scare you, because it can become your greatest asset. And if you do things…
— Sara Blakely
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The music industry is a strange combination of having real and intangible assets: pop bands are brand names in themselves,…
— Richard Branson
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I believe that a newspaper is a great civic asset and that ownership is best in the hands of foundations…
— Eli Broad
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When Gordon the Brown, in London in 1997, commissioned a great inquisition or survey of his new realm, the result…
— James Buchan
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Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good…
— Warren Buffett
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Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that…
— Warren Buffett
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Housing associations have fingered the fact that they cannot use their assets as liquidity due to Bank of England rules…
— Vince Cable
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Healthy citizens are the greatest asset any country can have.
— Winston Churchill
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For far too long the world's poorest people have seen no benefit from the vast natural resources in their own…
— Nick Clegg
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Although women do two-thirds of the world's labor, they own less than one percent of the world's assets.
— Isabel Allende
See all 556 Assets Quotes »