You don’t have to blow out the other person’s light to let your own shine.
BERNARD BARUCHIncreased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster.
More Bernard Baruch Quotes
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Science has taught us how to put the atom to work. But to make it work for good instead of for evil lies in the domain dealing with the principles of human dignity. We are now facing a problem more of ethics than of physics.
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Colleges don’t teach economics properly. Unfortunately we learn little from the experience of the past.
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America has never forgotten – and never will forget – the nobler things that brought her into being and that light her path…
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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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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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Become more humble as the market goes your way.
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Don’t speculate unless you can make it a full time job.
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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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We are here today to make a choice between the quick and the dead.
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Most of the successful people I know mostly listen, not talk.
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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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When good news about the market hits the front page of the New York Times, sell.
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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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You can talk about capitalism and communism and all that sort of thing, but the important thing is the struggle everybody is engaged in to get better living conditions, and they are not interested too much in government.
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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.
BERNARD BARUCH