Learn to take losses quickly and cleanly. There is something about inside information which seems to paralyze a man’s reasoning powers.
BERNARD BARUCHNow is always the hardest time to invest.
More Bernard Baruch Quotes
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Be quick to praise people. People like to praise those who praise them.
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A dangerous fallacy is to repudiate freedom in favor of an unknown future.
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Old books that have ceased to be of service should no more be abandoned than should old friends who have ceased to give pleasure.
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We grow neither better or worse as we get old, but more like ourselves.
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You can talk about capitalism and communism and all that sort of thing, but the important thing is the struggle everybody is engaged in to get better living conditions, and they are not interested too much in government.
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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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Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.
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Age 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.
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Whatever failures I have known, whatever errors I have committed, whatever follies I have witnessed in private and public life have been the consequence of action without thought.
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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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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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No man can humiliate me or disturb me. I won’t let him.
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Never pay the slightest attention to what a company president ever says about his stock.
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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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Always do one thing less than you think you can do.
BERNARD BARUCH