Don’t try to be a jack of all investments. Stick to the field you know best.
BERNARD BARUCHThe art of living lies less in eliminating our troubles than in growing with them.
More Bernard Baruch Quotes
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There is something about inside information which seems to paralyze a man’s reasoning powers.
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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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Only liars manage to always be out during bad times and in during good times.
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I never lost money by turning a profit.
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Let us not deceive ourselves; we must elect world peace or world destruction.
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We are living in a highly organized state of socialism. The state is all; the individual is of importance only as he contributes to the welfare of the state. His property is only his as the state does not need it. He must hold his life and his possessions at the call of the state.
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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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The longer I operated on Wall Street the more distrustful I became of tips and inside information of every kind. Given time, I believe that inside information can break the Bank of England
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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 greatest blessing of our democracy is freedom. But in the last analysis, our only freedom is the freedom to discipline ourselves.
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The terror created by weaponry has never stopped men from employing them.
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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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Become more humble as the market goes your way.
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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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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