The essence of any plan for financing old age is saving-to put aside some part of today’s earnings for the future.
BERNARD BARUCHWe 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.
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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Let us not be deceived we are today in the midst of a cold war.
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If all you have is a hammer, everything looks like a nail.
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Beware 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.
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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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It is far more difficult… to know when to sell a stock than when to buy.
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A speculator is a man who observes the future, and acts before it occurs.
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Although the shooting war is over, we are in the midst of a cold war which is getting warmer.
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I made my money by selling too soon.
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Nobody ever lost money taking a profit
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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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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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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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The main purpose of the stock market is to make fools of as many men as possible.
BERNARD BARUCH