"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."
― Ron Chernow
Topic(s):
Experience
More From 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."
- "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 history of Wall Street is inseparable from New York."
More In Experience
- "I discovered early on that some performers live their life in order to act, so all their relationships are simply an experience that they can feed back into their work. Which I find vampiric."― Cate Blanchett
- "The only things Mick and I disagree about is the band, the music and what we do."― Keith Richards
- "I wish I could know everything ever, like that would be my wish – that’s what I hope heaven is, that they tell you who shot JFK and all that stuff."― Louis C. K.