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.
BERNARD BARUCHDon’t try to buy at the bottom and sell at the top. It can’t be done except by liars.
More Bernard Baruch Quotes
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Don’t speculate unless you can make it a full time job.
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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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Two things are bad for the heart – running up stairs and running down people.
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Learn to take losses quickly and cleanly. There is something about inside information which seems to paralyze a man’s reasoning powers.
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No man should think himself a zero, and think he can do nothing about the state of the world.
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Those who matter don’t mind, and those who mind don’t matter.
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Everyone is entitled to be wrong about their opinions, but no one has the right to be wrong about their facts.
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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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The stock market is people.
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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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I have learned the truth of the observation that the more one approaches great men the more one finds that they are men.
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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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I get the facts, I study them patiently, I apply imagination.
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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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The terror created by weaponry has never stopped men from employing them.
BERNARD BARUCH