In trading/ investing it’s not about how much you make, but how much you don’t lose
BERNARD BARUCHThe 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.
More Bernard Baruch Quotes
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I was the son of an immigrant. I experienced bigotry, intolerance and prejudice, even as so many of you have. Instead of allowing these thing to embitter me, I took them as spurs to more strenuous effort. .
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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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Even when we know what is right, too often we fail to act. More often we grab greedily for the day, letting tomorrow bring what it will, putting off the unpleasant and unpopular.
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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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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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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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Never follow the crowd.
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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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To me – old age is always ten years older than I am.
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I made my money by selling too soon.
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When 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.
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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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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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I have learned the truth of the observation that the more one approaches great men the more one finds that they are men.
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Making a success of the job at hand is the best step toward the kind you want.
BERNARD BARUCH