“[Philip's death was] beyond comparison the most afflicting of my life.... He was truly a fine youth. But why should I repine? It was the will of heaven and he is now out of the reach of the seductions and calamities of a world full of folly, full of vice, full of danger, of least value in proportion as it is best known. I firmly trust also that he has safely reached the haven of eternal repose and felicity. (Alexander Hamilton letter to Benjamin Rush about the death of his 19-year old son from mortal wounds inflicted from a duel.)”
Ron Chernow“I have developed a very strong partiality for the dead: they don't talk back, they don't sue, and they don't have angry relatives.”
Ron Chernow“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“If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations, governments, and to extremely wealthy individuals.”
Ron Chernow“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“I think those who invest in mutual funds want someone else to do the thinking for them. But the fact that they can move the money around the family of mutual funds just through a phone call lets them feel that they can play tycoons.”
Ron Chernow“Hamilton wanted to lead the electorate and provide expert opinion instead of consulting popular opinion. He took tough, uncompromising stands and gloried in abstruse ideas in a political culture that pined for greater simplicity. Alexander Hamilton triumphed as a doer and thinker, not as a leader of the average voter. He was simply too unashamedly brainy to appeal to the masses. Fisher Ames observed of Hamilton that the common people don't want leaders 'whom they see elevated by nature and education so far above their heads.”
Ron Chernow“(regarding Charles Lee) This eccentric and notably slovenly man was always trailed by his beloved dogs. "When I can be convinced that men are as worthy objects as dogs", he once explained, "I shall transfer my benevolence to them.”
Ron Chernow“Again and again in his career, Hamilton committed the same political error: he never knew when to stop, and the resulting excesses led him into irremediable indiscretions.”
Ron Chernow, Alexander Hamilton“[Philip's death was] beyond comparison the most afflicting of my life.... He was truly a fine youth. But why should I repine? It was the will of heaven and he is now out of the reach of the seductions and calamities of a world full of folly, full of vice, full of danger, of least value in proportion as it is best known. I firmly trust also that he has safely reached the haven of eternal repose and felicity. (Alexander Hamilton letter to Benjamin Rush about the death of his 19-year old son from mortal wounds inflicted from a duel.)”
Ron Chernow, Alexander Hamilton“I can bear to hear of imputed or real errors. The man who wishes to stand well in the opinion of others must do this, because he is thereby enabled to correct his faults or remove the prejudices which are imbibed against him.”
Ron Chernow, Washington: A Life