The greatest blessing of our democracy is freedom. But in the last analysis, our only freedom is the freedom to discipline ourselves.
BERNARD BARUCHDon’t try to buy at the bottom and sell at the top. It can’t be done except by liars.
More Bernard Baruch Quotes
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One of the secrets of a long and fruitful life is to forgive everybody everything everynight before you go to bed.
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Knowing yourself and knowing the facts, you can judge whether you can change the situation so it is more to your liking. If you cannot–or if you do not know how to improve on things–then discipline yourself to the adjustments that will be necessary.
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I have known men who could see through the motivations of others with the skill of a clairvoyant; only to prove blind to their own mistakes. I have been one of those men.
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“The king may die, or I may die, or the horse may die. Furthermore, in a year, who knows? Maybe the horse will learn to fly.” My philosophy is like that man’s. I take the long-range view.
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Those who matter don’t mind, and those who mind don’t matter.
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I was the son of an immigrant. I experienced bigotry, intolerance and prejudice, even as so many of you have. Instead of allowing these thing to embitter me, I took them as spurs to more strenuous effort. .
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Don’t try to buy at the bottom and sell at the top. It can’t be done except by liars.
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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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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.
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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.
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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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The essence of any plan for financing old age is saving-to put aside some part of today’s earnings for the future.
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Let us not be deceived we are today in the midst of a cold war.
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A dangerous fallacy is to repudiate freedom in favor of an unknown future.
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A speculator is a man who observes the future, and acts before it occurs.
BERNARD BARUCH