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 BARUCHOne of the secrets of a long and fruitful life is to forgive everybody everything everynight before you go to bed.
More Bernard Baruch Quotes
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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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In trading/ investing it’s not about how much you make, but how much you don’t lose
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I made my money by selling too soon.
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When good news about the market hits the front page of the New York Times, sell.
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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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A dangerous fallacy is to repudiate freedom in favor of an unknown future.
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Old books that have ceased to be of service should no more be abandoned than should old friends who have ceased to give pleasure.
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No man should think himself a zero, and think he can do nothing about the state of the world.
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Society can progress if men’s labors show a profit – if they yield more than is put in. To produce at a loss must leave less for all to share.
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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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Don’t speculate unless you can make it a full time job.
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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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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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We are here today to make a choice between the quick and the dead.
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Let us not deceive ourselves: we must elect world peace or world destruction.
BERNARD BARUCH