Government is not a substitute for people, but simply the instrument through which they act. And if the individual fails to do his duty as a citizen, government becomes a very deadly instrument indeed.
BERNARD BARUCHAmerica has never forgotten – and never will forget – the nobler things that brought her into being and that light her path…
More Bernard Baruch Quotes
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Whatever task you undertake, do it with all your heart and soul. Always be courteous, never be discouraged.
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If a speculator is correct half of the time, he is hitting a good average.
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Approach each new problem not with a view of finding what you hope will be there, but to get the truth, the realities that must be grappled with.
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We can’t cross that bridge until we come to it, but I always like to lay down a pontoon ahead of time.
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The art of living lies less in eliminating our troubles than in growing with them.
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Colleges don’t teach economics properly. Unfortunately we learn little from the experience of the past.
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So efficient are the available instruments of slavery; fingerprints, lie detectors, brain washings, gas chambers; that we shiver at the thought of political change which might put these instruments in the hands of men of hate.
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Two things are bad for the heart – running up stairs and running down people.
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None of us can be free of conflict and woe. Even the greatest men have had to accept disappointments as their daily bread. … The art of living lies less in eliminating our troubles than in growing with them.
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“The king may die, or I may die, or the horse may die. Furthermore, in a year, who knows? Maybe the horse will learn to fly.” My philosophy is like that man’s. I take the long-range view.
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We grow neither better or worse as we get old, but more like ourselves.
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Become more humble as the market goes your way.
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We are living in a highly organized state of socialism. The state is all; the individual is of importance only as he contributes to the welfare of the state. His property is only his as the state does not need it. He must hold his life and his possessions at the call of the state.
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Anything that saps the value of savings-and inflation is the worst single threat-is the enemy of the aged and of those who expect to grow old.
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You may not like what you find. In that case you are entitled to try to change it. But do not deceive yourself as to what you do find to be the facts of the situation.
BERNARD BARUCH