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Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.

Bernard Baruch

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 BARUCH

Government Individuality People
The art of living lies less in eliminating our troubles than in growing with them.
BERNARD BARUCH

Courage Encouraging Meaningful
Always do one thing less than you think you can do.
BERNARD BARUCH

Expectations Thinking Work
A man sentenced to death obtained a reprieve by assuring the king he would teach his majesty’s horse to fly within the year – on the condition that if he didn’t succeed, he would be put to death at the end of the year. “Within a year,” the man explained later.
BERNARD BARUCH

Assuring Die Explain Horse Kings Later Majesty Man Philosophy
Although the shooting war is over, we are in the midst of a cold war which is getting warmer.
BERNARD BARUCH

Cold Shooting War
The greatest blessing of our democracy is freedom. But in the last analysis, our only freedom is the freedom to discipline ourselves.
BERNARD BARUCH

Blessing Discipline Freedom
All economic movements, by their very nature, are motivated by crowd psychology.
BERNARD BARUCH

Investing Movement Psychology
Whatever failures I have known, whatever errors I have committed, whatever follies I have witnessed in private and public life have been the consequence of action without thought.
BERNARD BARUCH

Action Error Life Motivational Private
Two things are bad for the heart – running up stairs and running down people.
BERNARD BARUCH

Heart People Running Thing
If all you have is a hammer, everything looks like a nail.
BERNARD BARUCH

Hammers Nails Political
There are no such things as incurables. There are only things for which man has not found a cure.
BERNARD BARUCH

Health Incurable Men Science Things
I get the facts, I study them patiently, I apply imagination.
BERNARD BARUCH

Imagination Inspirational Intelligence
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

Deceive Entitled Fact Like Situation
When beggars and shoeshine boys, barbers and beauticians can tell you how to get rich it is time to remind yourself that there is no more dangerous illusion than the belief that one can get something for nothing.
BERNARD BARUCH

Beggar Belief Boys Dangerous Illusion Shoeshine
You can talk about capitalism and communism and all that sort of thing, but the important thing is the struggle everybody is engaged in to get better living conditions, and they are not interested too much in government.
BERNARD BARUCH

Communism Government Important Political Struggle
It is far more difficult… to know when to sell a stock than when to buy.
BERNARD BARUCH

Difficult Knows Sells

Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.

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Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.

Related Topics

Popular Authors

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