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.
Ron Chernow
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Courage is knowing what not to fear. -
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We all have that burning question about what happens if we lose somebody we love, especially if we lose them tragically. We wonder what fear was going on, we wonder if we could have reached out and touched them, held their hand, looked in their eyes, been there. -
Many a time freedom has been rolled back - and always for the same sorry reason: fear.
More quotes by Ron Chernow
- 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.
- 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.