"You don't want too much fear in a market, because people will be blinded to some very good buying opportunities. You don't want too much complacency because people will be blinded to some risk."
"A nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people."Ron Chernow on John F. Kennedy
"Pick the day. Enjoy it - to the hilt. The day as it comes. People as they come... The past, I think, has helped me appreciate the present - and I don't want to spoil any of it by fretting about the future."Ron Chernow on Audrey Hepburn
"I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. 'Tis the business of little minds to shrink, but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death."Ron Chernow on Thomas Paine
"We fear violence less than our own feelings. Personal, private, solitary pain is more terrifying than what anyone else can inflict."Ron Chernow on Jim Morrison
"What is needed, rather than running away or controlling or suppressing or any other resistance, is understanding fear that means, watch it, learn about it, come directly into contact with it. We are to learn about fear, not how to escape from it."Ron Chernow on Jiddu Krishnamurti
"Partly because his life ended before the age of 50, Hamilton was defined by the other founding fathers, and he managed, with amazing consistency, to alienate most of them."
"We really haven't had very much experience with people funding their retirement out of the stock market, and we don't know, frankly, how it would work under every scenario."
"The public has lost faith in the ability of Social Security and Medicare to provide for old age. They've lost faith in the banking system and in conventional medical insurance."
"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."
"There is a kind of fear, approaching a panic, that's spreading through the Baby Boom Generation, which has suddenly discovered that it will have to provide for its own retirement."
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