Old books that have ceased to be of service should no more be abandoned than should old friends who have ceased to give pleasure.
BERNARD BARUCHA political leader must keep looking over his shoulder all the time to see if the boys are still there. If they arent still there, hes no longer a political leader.
More Bernard Baruch Quotes
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Our problem in money-making or government affairs is how to remain properly venturesome and experimental without making fools of ourselves.
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Only as you do know yourself can your brain serve you as a sharp and efficient tool. Know your own failings, passions, and prejudices so you can separate them from what you see.
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Increased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster.
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Beware of him who promises something for nothing. Do not blame anybody for your mistakes and failures. Do not look for approval except the consciousness of doing your best.
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I made my money by selling too soon.
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Behind the black portent of the new atomic age lies a hope which, seized upon with faith, can work out salvation…
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All economic movements, by their very nature, are motivated by crowd psychology.
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Learn to take losses quickly and cleanly. There is something about inside information which seems to paralyze a man’s reasoning powers.
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Never answer a critic, unless he’s right.
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No man can humiliate me or disturb me. I won’t let him.
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Never play tips from “insiders.” They can’t see the forest for the trees.
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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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Let us not deceive ourselves; we must elect world peace or world destruction.
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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.
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In trading/ investing it’s not about how much you make, but how much you don’t lose
BERNARD BARUCH