Unless each man produces more than he receives, increases his output, there will be less for him than all the others.
BERNARD BARUCHDuring my eighty-seven years I have witnessed a whole succession of technological revolutions. But none of them has done away with the need for character in the individual or the ability to think.
More Bernard Baruch Quotes
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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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Become more humble as the market goes your way.
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Whatever men attempt, they seem driven to overdo. When hopes are soaring, I always repeat to myself that two and two still make four.
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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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Most of the successful people I’ve known are the ones who do more listening than talking.
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The essence of any plan for financing old age is saving-to put aside some part of today’s earnings for the future.
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Approach each new problem not with a view of finding what you hope will be there, but to get the truth.
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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.
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All economic movements, by their very nature, are motivated by crowd psychology.
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Agriculture is the greatest and fundamentally the most important of our industries. The cities are but the branches of the tree of national life, the roots of which go deeply into the land. We all flourish or decline with the farmer.
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During my eighty-seven years I have witnessed a whole succession of technological revolutions. But none of them has done away with the need for character in the individual or the ability to think.
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Bears don’t live on Park Avenue.
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Our problem in money-making or government affairs is how to remain properly venturesome and experimental without making fools of ourselves.
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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 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
BERNARD BARUCH