Increased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster.
BERNARD BARUCHAlthough the shooting war is over, we are in the midst of a cold war which is getting warmer.
More Bernard Baruch Quotes
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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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The main purpose of the stock market is to make fools of as many men as possible.
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The terror created by weaponry has never stopped men from employing them.
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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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You don’t have to blow out the other person’s light to let your own shine.
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A speculator is a man who observes the future, and acts before it occurs.
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Those who matter don’t mind, and those who mind don’t matter.
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I made my money by selling too soon.
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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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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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Be quick to praise people. People like to praise those who praise them.
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Government 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.
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Chance sometimes opens the door, but luck belongs to the good players.
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It is far more difficult… to know when to sell a stock than when to buy.
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Whatever you do, do it with all your heart and soul.
BERNARD BARUCH