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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.

Bernard Baruch

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
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
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
Let us not deceive ourselves; we must elect world peace or world destruction.
BERNARD BARUCH

Destruction Peace War World
A man can’t retire his experience.
BERNARD BARUCH

Ciphers Experience Retirement
Old books that have ceased to be of service should no more be abandoned than should old friends who have ceased to give pleasure.
BERNARD BARUCH

Book Friends Giving Old
Don’t speculate unless you can make it a full time job.
BERNARD BARUCH

Full Jobs Speculate Time
Let us not deceive ourselves: we must elect world peace or world destruction.
BERNARD BARUCH

Deceive Destruction Ourselves Peace
Let us not be deceived we are today in the midst of a cold war.
BERNARD BARUCH

Cold Deceived Midst Today War
Never pay the slightest attention to what a company president ever says about his stock.
BERNARD BARUCH

Attention Pay President
You may not like what you find. In that case you are entitled to try to change it. But do not deceive yourself as to what you do find to be the facts of the situation.
BERNARD BARUCH

Deceive Entitled Fact Like Situation
Chance sometimes opens the door, but luck belongs to the good players.
BERNARD BARUCH

Doors Luck Player
If a speculator is correct half of the time, he is hitting a good average.
BERNARD BARUCH

Cutting Loss Yield
Unless each man produces more than he receives, increases his output, there will be less for him than all the others.
BERNARD BARUCH

Economy Increase Men Produce
Always do one thing less than you think you can do.
BERNARD BARUCH

Expectations Thinking Work
The greatest blessing of our democracy is freedom. But in the last analysis, our only freedom is the freedom to discipline ourselves.
BERNARD BARUCH

Blessing Discipline Freedom

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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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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