Peace is never long preserved by weight of metal or by an armament race.
BERNARD BARUCHIn trading/ investing it’s not about how much you make, but how much you don’t lose
More Bernard Baruch Quotes
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Colleges don’t teach economics properly. Unfortunately we learn little from the experience of the past.
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Those who matter don’t mind, and those who mind don’t matter.
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Get to know yourself. Know your own failings, passions, and prejudices so you can separate them from what you see. Know also when you actually have thought through to the nature of the thing with which you are dealing and when you are not thinking at all…
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Let us not deceive ourselves: we must elect world peace or world destruction.
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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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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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We can’t cross that bridge until we come to it, but I always like to lay down a pontoon ahead of time.
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A man can’t retire his experience.
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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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You can talk about capitalism and communism and all that sort of thing, but the important thing is the struggle everybody is engaged in to get better living conditions, and they are not interested too much in government.
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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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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.
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Nobody ever lost money taking a profit
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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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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 BARUCH