Geburtsdatum | Donnerstag, 03. März 1949 |
Geburtsort | Brooklyn, New York City, U.S. |
Sternzeichen | |
Beschreibung | Ronald Chernow (/ˈtʃɜːrnaʊ/; born March 3, 1949) is an American writer, journalist and biographer. He has written bestselling historical non-fiction biographies. He won the 2011 Pulitzer Prize for Biography and the 2011 American History Book Prize for his 2010 book Washington: A Life. He is also the recipient of the National Book Award for Nonfiction for his 1990 book The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance. His biographies of Alexander Hamilton (2004) and John D. Rockefeller (1998) were both nominated for National Book Critics Circle Awards, while the former served as the inspiration for the popular Hamilton musical, for which Chernow worked as a historical consultant. Another book, The Warburgs: The Twentieth-Century Odyssey of a Remarkable Jewish |
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.
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.
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.
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.
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.
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.
The history of Wall Street is inseparable from New York.
