Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market. Ron Chernow Read Quote
I’m dubious about having Social Security put into the stock market. I think that we have gotten very far away from the idea that there’s something sacrosanct about retirement investments. Ron Chernow Read Quote
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. Ron Chernow Read Quote
