Now is always the hardest time to invest.
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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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 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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Unless each man produces more than he receives, increases his output, there will be less for him than all the others.
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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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We grow neither better or worse as we get old, but more like ourselves.
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If a speculator is correct half of the time, he is hitting a good average.
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Never play tips from “insiders.” They can’t see the forest for the trees.
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Never follow the crowd.
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You may not like what you find. In that case you are entitled to try to change it. But do not deceive yourself as to what you do find to be the facts of the situation.
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I never lost money by turning a profit.
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Never answer a critic, unless he’s right.
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Everyone is entitled to be wrong about their opinions, but no one has the right to be wrong about their facts.
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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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Let us not deceive ourselves; we must elect world peace or world destruction.
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Increased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster.
BERNARD BARUCH