"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."

Fear, Baby, Retirement, Will

3

Create Your Own Wallpaper

Standard

Customized

"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."

Explore more quotes by Ron Chernow

"When the market is just going up, up, and up, we all tend to be blind to the holes in the market. They're all papered over by the rise."

Market, Blind

"When news of the crash came, probably a lot of people in small towns and farms across America felt a sense of grim satisfaction that the sinners had finally been punished for their wicked ways."

People, America, News, Satisfaction

"What I find very interesting about the mutual funds managers is that here are people who are the new masters of the universe. They're managing billions, yet they're subject to this quiet daily tyranny of numbers."

People, Managers, Numbers, Quiet

"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."

Experience, Work, People, Retirement

"That strategy of buy and hold, which is the sound and sensible one for the individual, can have very dangerous and perverse effects for the market as a whole."

Strategy, Sound

"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."

Faith, Medical, Age, Ability

"The mutual fund industry and small investors are very relentless and very unforgiving if people don't perform."

People,

"The history of Wall Street is inseparable from New York."

History,

"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."

Faith, Money, Inflation, Worth

"The best argument for mutual funds is that they offer safety and diversification. But they don't necessarily offer safety and diversification."

Argument, Safety

Exlpore more Fear quotes

"Men are swayed more by fear than by reverence."

Aristotle, Greek Philosopher

Fear, Men

"My only fear is that I may live too long. This would be a subject of dread to me."

Thomas Jefferson, American President

Fear, May

"How much pain they have cost us, the evils which have never happened."

Thomas Jefferson, American President

Fear, Pain

"Fix reason firmly in her seat, and call to her tribunal every fact, every opinion. Question with boldness even the existence of a God; because, if there be one, he must more approve of the homage of reason, than that of blindfolded fear."

Thomas Jefferson, American President

Fear, God, Boldness, Existence

"I am an old man and have known a great many troubles, but most of them never happened."

Mark Twain, American Author

Fear, Man, Old

"The timid man calls himself cautious, the sordid man thrifty."

Publilius Syrus, Roman Writer

Fear, Man

"Part of the reason that our politics seems so tough right now and facts and science and argument does not seem to be winning the day all the time is because we're hardwired not to always think clearly when we're scared. And the country's scared."

Barack Obama, American President

Fear, Politics, Science, Time, Winning

"Where there is reverence there is fear, but there is not reverence everywhere that there is fear, because fear presumably has a wider extension than reverence."

Socrates, Greek Philosopher

Fear,

"Part of the reason that our politics seems so tough right now and facts and science and argument does not seem to be winning the day all the time is because we're hardwired not to always think clearly when we're scared."

Barack Obama, American President

Fear, Politics, Science, Time, Winning

"He whom many fear, has himself many to fear."

Publilius Syrus, Roman Writer

Fear,