A speculator is a man who observes the future, and acts before it occurs.
BERNARD BARUCHThe stock market is people.
More Bernard Baruch Quotes
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I get the facts, I study them patiently, I apply imagination.
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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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The ability to express an idea is well nigh as important as the idea itself.
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In trading/ investing it’s not about how much you make, but how much you don’t lose
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There are no such things as incurables. There are only things for which man has not found a cure.
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There is something about inside information which seems to paralyze a man’s reasoning powers.
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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.
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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 try to buy at the bottom and sell at the top. It can’t be done except by liars.
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Let us not deceive ourselves: we must elect world peace or world destruction.
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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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I’ll give you the bottom 10% and the top 10% of any move if I get to keep the middle 80%.
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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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So efficient are the available instruments of slavery; fingerprints, lie detectors, brain washings, gas chambers; that we shiver at the thought of political change which might put these instruments in the hands of men of hate.
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We can’t cross that bridge until we come to it, but I always like to lay down a pontoon ahead of time.
BERNARD BARUCH