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If a speculator is correct half of the time, he is hitting a good average.

Bernard Baruch

Government is not a substitute for people, but simply the instrument through which they act. And if the individual fails to do his duty as a citizen, government becomes a very deadly instrument indeed.
BERNARD BARUCH

Government Individuality People
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.
BERNARD BARUCH

Men Mistake Motivation Prove Skill
Bears don’t live on Park Avenue.
BERNARD BARUCH

Bears Investment Parks
Financial storm definitely passed.
BERNARD BARUCH

Depression Financial Great Storm
Recipe for success: Be polite, prepare yourself for whatever you are asked to do, keep yourself tidy, be cheerful, don’t be envious, be honest with yourself so you will be honest with others, be helpful, interest yourself in your job.
BERNARD BARUCH

Calm Independent Jobs Keep Polite Success Tidy
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.
BERNARD BARUCH

Assuring Die Explain Horse Kings Later Majesty Man Philosophy
The essence of any plan for financing old age is saving-to put aside some part of today’s earnings for the future.
BERNARD BARUCH

Age Enemy Essence
Let us not deceive ourselves: we must elect world peace or world destruction.
BERNARD BARUCH

Deceive Destruction Ourselves Peace
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.
BERNARD BARUCH

Communism Government Important Political Struggle
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

Contribute Needs Socialism
We grow neither better or worse as we get old, but more like ourselves.
BERNARD BARUCH

Birthday Funny Grow Up
Whatever failures I have known, whatever errors I have committed, whatever follies I have witnessed in private and public life have been the consequence of action without thought.
BERNARD BARUCH

Action Error Life Motivational Private
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.
BERNARD BARUCH

Atom Domain Evil Instead Lies Lying Taught
Never play tips from “insiders.” They can’t see the forest for the trees.
BERNARD BARUCH

Forests Insider Play Tree
If a speculator is correct half of the time, he is hitting a good average.
BERNARD BARUCH

Cutting Loss Yield
If the history of the past fifty years teaches us anything, it is that peace does not follow disarmament – disarmament follows peace.
BERNARD BARUCH

Disarmament Past Peace Years

If a speculator is correct half of the time, he is hitting a good average.

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If a speculator is correct half of the time, he is hitting a good average.

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