Now is always the hardest time to invest.
BERNARD BARUCHPeace can be made tranquil and secure only by understanding and agreement fortified by sanctions.
More Bernard Baruch Quotes
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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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Become more humble as the market goes your way.
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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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Never play tips from “insiders.” They can’t see the forest for the trees.
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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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Don’t speculate unless you can make it a full time job.
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If all you have is a hammer, everything looks like a nail.
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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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What else but our own sturdy reliance on freedom can explain the unexampled record this country has made?
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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, the realities that must be grappled with.
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I never lost money by turning a profit.
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We did not all come over on the same ship, but we are all in the same boat.
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Peace is never long preserved by weight of metal or by an armament race.
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Financial storm definitely passed.
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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.
BERNARD BARUCH