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 BARUCHOnly as you do know yourself can your brain serve you as a sharp and efficient tool. Know your own failings, passions, and prejudices so you can separate them from what you see.
More Bernard Baruch Quotes
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The terror created by weaponry has never stopped men from employing them.
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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.
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Old books that have ceased to be of service should no more be abandoned than should old friends who have ceased to give pleasure.
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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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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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Recipe for success: Be polite, prepare yourself for whatever you are asked to do, keep yourself tidy, be cheerful, don’t be envious, be honest with yourself so you will be honest with others, be helpful, interest yourself in your job.
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Approach each new problem not with a view of finding what you hope will be there, but to get the truth.
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Never play tips from “insiders.” They can’t see the forest for the trees.
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The ability to express an idea is well nigh as important as the idea itself.
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Don’t speculate unless you can make it a full time job.
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Never answer a critic, unless he’s right.
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Never follow the crowd.
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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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When good news about the market hits the front page of the New York Times, sell.
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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…
BERNARD BARUCH