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.
BERNARD BARUCHBeware 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.
More Bernard Baruch Quotes
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The path that was entered upon only one hundred and fifty years ago … How young she is! It will be centuries before she will adopt that maturity of custom – the clothing of the grave – that some people believe she is already fitted for.
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Creativity: Take the obvious, add a cupful of brains, a generous pinch of imagination, a bucketful of courage and daring, stir well and bring to a boil.
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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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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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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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Two things are bad for the heart – running up stairs and running down people.
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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 main purpose of the stock market is to make fools of as many men as possible.
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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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I have learned the truth of the observation that the more one approaches great men the more one finds that they are men.
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Most of the successful people I know mostly listen, not talk.
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Never play tips from “insiders.” They can’t see the forest for the trees.
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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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A speculator is a man who observes the future, and acts before it occurs.
BERNARD BARUCH