We 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.
BERNARD BARUCHCreativity: Take the obvious, add a cupful of brains, a generous pinch of imagination, a bucketful of courage and daring, stir well and bring to a boil.
More Bernard Baruch Quotes
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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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Don’t try to buy at the bottom and sell at the top. It can’t be done except by liars.
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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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What else but our own sturdy reliance on freedom can explain the unexampled record this country has made?
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If a speculator is correct half of the time, he is hitting a good average.
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All economic movements, by their very nature, are motivated by crowd psychology.
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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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Creativity: Take the obvious, add a cupful of brains, a generous pinch of imagination, a bucketful of courage and daring, stir well and bring to a boil.
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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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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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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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There is something about inside information which seems to paralyze a man’s reasoning powers.
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Science has taught us how to put the atom to work. But to make it work for good instead of for evil lies in the domain dealing with the principles of human dignity. We are now facing a problem more of ethics than of physics.
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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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Increased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster.
BERNARD BARUCH