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.
BERNARD BARUCHAlthough the shooting war is over, we are in the midst of a cold war which is getting warmer.
More Bernard Baruch Quotes
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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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Whatever task you undertake, do it with all your heart and soul. Always be courteous, never be discouraged.
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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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If all you have is a hammer, everything looks like a nail.
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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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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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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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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.
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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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The ability to express an idea is well nigh as important as the idea itself.
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A dangerous fallacy is to repudiate freedom in favor of an unknown future.
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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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Let us not deceive ourselves: we must elect world peace or world destruction.
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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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Everyone is entitled to be wrong about their opinions, but no one has the right to be wrong about their facts.
BERNARD BARUCH