342 Quotes by Ron Chernow

Any bull market covers a multitude of sins, so there may be all sorts of problems with the current system that we won’t see until the bear market comes.

As a bull market continues, almost anything you buy goes up. It makes you feel that investing in stocks is a very easy and safe and that you’re a financial genius.

Mutual funds give people the sense that they’re investing with the big boys and that they’re really not at a disadvantage entering the stock market.

To those who feared oppressive taxes, Hamilton made an argument that anticipated “supply-side economics” of the late twentieth century, saying that officials “can have no temptation to abuse this power, because the motive of revenue will check its own extremes. Experience has shown that moderate duties are more productive than high ones.”10.

As a West Point graduate, Grant had enjoyed an insider’s knowledge of military personnel during the war, but as a Washington outsider, he needed the valuable advice of seasoned professionals about appointments.

112 In another message he wrote, “I am a verb instead of a personal pronoun. A verb is anything that signifies to be; to do; or to suffer. I signify all three.

Lafayette showed a courtier’s love of compliments, was a master of flattery, and liked to hug people in the French manner. Perhaps Washington doted on the young man because he dared to express emotions that he himself stifled, thawing his frosty reserve and opening an outlet for his suppressed emotions.

Henceforth he would project himself into opponents’ minds and comprehend their fears and anxieties instead of blowing them up into all-powerful bugaboos, giving him courage when others quailed.

These are the times that try men’s souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now deserves the love and thanks of man and woman.