Don’t speculate unless you can make it a full time job.
BERNARD BARUCHBeware of him who promises something for nothing. Do not blame anybody for your mistakes and failures. Do not look for approval except the consciousness of doing your best.
More Bernard Baruch Quotes
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Approach each new problem not with a view of finding what you hope will be there, but to get the truth, the realities that must be grappled with.
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Behind the black portent of the new atomic age lies a hope which, seized upon with faith, can work out salvation…
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Vote for the man who promises least; he’ll be the least disappointing.
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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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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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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.
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Making a success of the job at hand is the best step toward the kind you want.
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Knowing yourself and knowing the facts, you can judge whether you can change the situation so it is more to your liking. If you cannot–or if you do not know how to improve on things–then discipline yourself to the adjustments that will be necessary.
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The stock market is people.
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None of us can be free of conflict and woe. Even the greatest men have had to accept disappointments as their daily bread. … The art of living lies less in eliminating our troubles than in growing with them.
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“The king may die, or I may die, or the horse may die. Furthermore, in a year, who knows? Maybe the horse will learn to fly.” My philosophy is like that man’s. I take the long-range view.
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Whatever task you undertake, do it with all your heart and soul. Always be courteous, never be discouraged.
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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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The main purpose of the stock market is to make fools of as many men as possible.
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I never lost money by turning a profit.
BERNARD BARUCH