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
BERNARD BARUCHGovernment 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.
More Bernard Baruch Quotes
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I made my money by selling too soon.
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We are here today to make a choice between the quick and the dead.
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Increased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster.
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In a period scarcely twice my own lifetime it has risen from nothingness to become the world’s greatest power. It has become the ark of the covenant of freedom.
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Agriculture is the greatest and fundamentally the most important of our industries. The cities are but the branches of the tree of national life, the roots of which go deeply into the land. We all flourish or decline with the farmer.
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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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When good news about the market hits the front page of the New York Times, sell.
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Buy straw hats in the wintertime. Summer will surely come.
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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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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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I’ll give you the bottom 10% and the top 10% of any move if I get to keep the middle 80%.
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Now is always the hardest time to invest.
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I never lost money by turning a profit.
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You can overcome anything if you don’t bellyache.
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A dangerous fallacy is to repudiate freedom in favor of an unknown future.
BERNARD BARUCH