All economic movements, by their very nature, are motivated by crowd psychology.
BERNARD BARUCHScience has taught us how to put the atom to work. But to make it work for good instead of for evil lies in the domain dealing with the principles of human dignity. We are now facing a problem more of ethics than of physics.
More Bernard Baruch Quotes
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Chance sometimes opens the door, but luck belongs to the good players.
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If all you have is a hammer, everything looks like a nail.
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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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“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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Never follow the crowd.
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Increased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster.
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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 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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Two things are bad for the heart – running up stairs and running down people.
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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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The ability to express an idea is well nigh as important as the idea itself.
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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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The stock market is people.
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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.
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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.
BERNARD BARUCH