Nobody ever lost money taking a profit
BERNARD BARUCHWhen 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.
More Bernard Baruch Quotes
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Get to know yourself. Know your own failings, passions, and prejudices so you can separate them from what you see. Know also when you actually have thought through to the nature of the thing with which you are dealing and when you are not thinking at all…
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Although the shooting war is over, we are in the midst of a cold war which is getting warmer.
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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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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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Age is only a number, a cipher for the records. A man can’t retire his experience. He must use it. Experience achieves more with less energy and time.
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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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Most of the successful people I’ve known are the ones who do more listening than talking.
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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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I never lost money by turning a profit.
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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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The ability to express an idea is well nigh as important as the idea itself.
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The path that was entered upon only one hundred and fifty years ago … How young she is! It will be centuries before she will adopt that maturity of custom – the clothing of the grave – that some people believe she is already fitted for.
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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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Don’t try to be a jack of all investments. Stick to the field you know best.
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Two things are bad for the heart – running up stairs and running down people.
BERNARD BARUCH