There are no such things as incurables. There are only things for which man has not found a cure.
BERNARD BARUCHNow is always the hardest time to invest.
More Bernard Baruch Quotes
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Always do one thing less than you think you can do.
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In a period scarcely twice my own lifetime it has risen from nothingness to become the world’s greatest power. It has become the ark of the covenant of freedom.
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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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Gold has worked down from Alexander’s time… When something holds good for two thousand years I do not believe it can be so because of prejudice or mistaken theory.
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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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It is far more difficult… to know when to sell a stock than when to buy.
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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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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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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.
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All economic movements, by their very nature, are motivated by crowd psychology.
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To me – old age is always ten years older than I am.
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America has never forgotten – and never will forget – the nobler things that brought her into being and that light her path…
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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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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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Don’t pity yourself, be quick to praise, be loyal to your friends, avoid prejudices, be independent, interest yourself in politics, and read the newspapers.
BERNARD BARUCH