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The greatest blessing of our democracy is freedom. But in the last analysis, our only freedom is the freedom to discipline ourselves.

Bernard Baruch

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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.
BERNARD BARUCH

Needs Socialism
Anything that saps the value of savings-and inflation is the worst single threat-is the enemy of the aged and of those who expect to grow old.
BERNARD BARUCH

Aged Anything Inflation
I get the facts, I study them patiently, I apply imagination.
BERNARD BARUCH
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.

BERNARD BARUCH

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.
BERNARD BARUCH
Learn to take losses quickly and cleanly. There is something about inside information which seems to paralyze a man’s reasoning powers.
BERNARD BARUCH

Something Trying
Peace can be made tranquil and secure only by understanding and agreement fortified by sanctions.
BERNARD BARUCH

Agreement Sanction Secure Tranquil
When good news about the market hits the front page of the New York Times, sell.
BERNARD BARUCH

News Observes Pages
I made my money by selling too soon.
BERNARD BARUCH

Finance Selling
If all you have is a hammer, everything looks like a nail.
BERNARD BARUCH

Hammers Nails Political
The terror created by weaponry has never stopped men from employing them.
BERNARD BARUCH

Weaponry
Bonnie Raitt
BONNIE RAITT

Roles
Never pay the slightest attention to what a company president ever says about his stock.
BERNARD BARUCH

President
Never follow the crowd.

BERNARD BARUCH

Never follow the crowd.
BERNARD BARUCH

Self Esteem
If a speculator is correct half of the time, he is hitting a good average.

BERNARD BARUCH

If a speculator is correct half of the time, he is hitting a good average.
BERNARD BARUCH

Cutting Yield
Behind the black portent of the new atomic age lies a hope which, seized upon with faith, can work out salvation…

BERNARD BARUCH

Behind the black portent of the new atomic age lies a hope which, seized upon with faith, can work out salvation…
BERNARD BARUCH

Salvation
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.
BERNARD BARUCH

Atom Domain Lies Taught

The greatest blessing of our democracy is freedom. But in the last analysis, our only freedom is the freedom to discipline ourselves.

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