Our problem in money-making or government affairs is how to remain properly venturesome and experimental without making fools of ourselves.
BERNARD BARUCHAge is only a number, a cipher for the records. A man can’t retire his experience. He must use it. Experience achieves more with less energy and time.
More Bernard Baruch Quotes
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It is far more difficult… to know when to sell a stock than when to buy.
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Bears don’t live on Park Avenue.
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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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Only as you do know yourself can your brain serve you as a sharp and efficient tool. Know your own failings, passions, and prejudices so you can separate them from what you see.
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Don’t pity yourself, be quick to praise, be loyal to your friends, avoid prejudices, be independent, interest yourself in politics, and read the newspapers.
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Let us not deceive ourselves; we must elect world peace or world destruction.
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Nobody ever lost money taking a profit
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Two things are bad for the heart – running up stairs and running down people.
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Society can progress if men’s labors show a profit – if they yield more than is put in. To produce at a loss must leave less for all to share.
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Beware of barbers, beauticians, waiters – or anyone – bringing gifts of ‘inside’ information or tips. Don’t try to be a jack of all investment. Stick to the field you know best.
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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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If all you have is a hammer, everything looks like a nail.
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Buy straw hats in the wintertime. Summer will surely come.
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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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Don’t try to be a jack of all investments. Stick to the field you know best.
BERNARD BARUCH