Don’t try to buy at the bottom and sell at the top. It can’t be done except by liars.
BERNARD BARUCHNever play tips from “insiders.” They can’t see the forest for the trees.
More Bernard Baruch Quotes
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The longer I operated on Wall Street the more distrustful I became of tips and inside information of every kind. Given time, I believe that inside information can break the Bank of England
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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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A man can’t retire his experience.
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Colleges don’t teach economics properly. Unfortunately we learn little from the experience of the past.
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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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Always do one thing less than you think you can do.
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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.
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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.
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Whatever men attempt, they seem driven to overdo. When hopes are soaring, I always repeat to myself that two and two still make four.
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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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The ability to express an idea is well nigh as important as the idea itself.
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If the history of the past fifty years teaches us anything, it is that peace does not follow disarmament – disarmament follows peace.
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Whatever you do, do it with all your heart and soul.
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Most of the successful people I’ve known are the ones who do more listening than talking.
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Get to know yourself. Know your own failings, passions, and prejudices so you can separate them from what you see. Know also when you actually have thought through to the nature of the thing with which you are dealing and when you are not thinking at all…
BERNARD BARUCH