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Unless we know where we've been as a country, we don't know where we are or where we are going.

- Ron Chernow
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Ron Chernow
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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.

By the late 1980s people realized that houses did not always appreciate and that they could fluctuate like any other market commodity.

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.

I'm a biographer; I can live with a little hyperbole.

I just have been so surprised and delighted with what has happened with 'Hamilton.' It really has been one of the most enchanting experiences of my life.

Once the brokerage house, rather than the bank, became the locus for American savings, that money would find its way into the stock market, because the broker was someone with a much higher tolerance for risk than the banker.

As the bull market goes on, people who take great risks achieve great rewards, seemingly without punishment. It's like crime without punishment or sex without sin.

I'm sure there are many more people who can identify with failure and hardship in life than with the success of an Alexander Hamilton or a John D. Rockefeller.

Because of the love affair between the American public and the stock market, it is possible for entrepreneurs, technological visionaries and inventors of every sort to get financing.

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Unless we know where we've been as a country, we don't know where we are or where we are going.

Unless we know where we've been as a country, we don't know where we are or where we are going.

Unless we know where we've been as a country, we don't know where we are or where we are going.

Unless we know where we've been as a country, we don't know where we are or where we are going.

Unless we know where we've been as a country, we don't know where we are or where we are going.

Unless we know where we've been as a country, we don't know where we are or where we are going.

Unless we know where we've been as a country, we don't know where we are or where we are going.

Unless we know where we've been as a country, we don't know where we are or where we are going.

Unless we know where we've been as a country, we don't know where we are or where we are going.

Unless we know where we've been as a country, we don't know where we are or where we are going.

Unless we know where we've been as a country, we don't know where we are or where we are going.

Unless we know where we've been as a country, we don't know where we are or where we are going.

Unless we know where we've been as a country, we don't know where we are or where we are going.

Unless we know where we've been as a country, we don't know where we are or where we are going.

Unless we know where we've been as a country, we don't know where we are or where we are going.