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.
BERNARD BARUCHBears don’t live on Park Avenue.
More Bernard Baruch Quotes
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Beware of barbers, beauticians, waiters – or anyone – bringing gifts of ‘inside’ information or tips. Don’t try to be a jack of all investment. Stick to the field you know best.
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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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If the history of the past fifty years teaches us anything, it is that peace does not follow disarmament – disarmament follows peace.
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Never pay the slightest attention to what a company president ever says about his stock.
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Chance sometimes opens the door, but luck belongs to the good players.
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Age is only a number, a cipher for the records. A man can’t retire his experience. He must use it. Experience achieves more with less energy and time.
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If all you have is a hammer, everything looks like a nail.
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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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I get the facts, I study them patiently, I apply imagination.
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Let us not be deceived we are today in the midst of a cold war.
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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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There are no such things as incurables. There are only things for which man has not found a cure.
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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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Agriculture is the greatest and fundamentally the most important of our industries. The cities are but the branches of the tree of national life, the roots of which go deeply into the land. We all flourish or decline with the farmer.
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Let us not deceive ourselves: we must elect world peace or world destruction.
BERNARD BARUCH