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 BARUCHIf all you have is a hammer, everything looks like a nail.
More Bernard Baruch Quotes
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If a speculator is correct half of the time, he is hitting a good average.
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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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Making a success of the job at hand is the best step toward the kind you want.
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Beware of barbers, beauticians, waiters – or anyone – bringing gifts of ‘inside’ information or tips. Don’t try to be a jack of all investment. Stick to the field you know best.
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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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Most of the successful people I’ve known are the ones who do more listening than talking.
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During my eighty-seven years I have witnessed a whole succession of technological revolutions. But none of them has done away with the need for character in the individual or the ability to think.
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I get the facts, I study them patiently, I apply imagination.
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Gold has worked down from Alexander’s time… When something holds good for two thousand years I do not believe it can be so because of prejudice or mistaken theory.
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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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A speculator is a man who observes the future, and acts before it occurs.
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The stock market is people.
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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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Our problem in money-making or government affairs is how to remain properly venturesome and experimental without making fools of ourselves.
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We did not all come over on the same ship, but we are all in the same boat.
BERNARD BARUCH