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

And shall we at last become the victims of our own abominable lust of gain? Forbid it, Heaven." Washington himself could be a hard driving businessman, yet he found the rapacity of many vendors unconscionable. As he told George Mason, he thought it is the intent of the speculators, various tribes of moneymakers and stock jobbers of all denominations, to continue the war for their own private emolument, without considering that their avarice and thirst for gain must plunge everything in one common ruin.

Ron Chernow

As is often the case with addictions, the fanciful notion of a gradual discontinuance only provided a comforting pretext for more sustained indulgence.

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

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

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

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

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

Jay was attacked with peculiar venom. Near his New York home, the walls of a building were defaced with the gigantic words, 'Damn John Jay. Damn everyone that won’t damn John Jay. Damn everyone that won’t put up lights in the windows and sit up all night damning John Jay.

Ron Chernow

[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 the 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

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