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A dangerous fallacy is to repudiate freedom in favor of an unknown future.

Bernard Baruch

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.
BERNARD BARUCH

Barbers Best Beware Field Information Know Stick Waiter
Become more humble as the market goes your way.
BERNARD BARUCH

Humble Market More Way
We grow neither better or worse as we get old, but more like ourselves.
BERNARD BARUCH

Birthday Funny Grow Up
We are here today to make a choice between the quick and the dead.
BERNARD BARUCH

Choices Dead Quick Today
Unless each man produces more than he receives, increases his output, there will be less for him than all the others.
BERNARD BARUCH

Economy Increase Men Produce
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 Enemy Inflation Old
Beware of him who promises something for nothing. Do not blame anybody for your mistakes and failures. Do not look for approval except the consciousness of doing your best.
BERNARD BARUCH

Anybody Consciousness Failure Mistake Nothing
Let us not deceive ourselves; we must elect world peace or world destruction.
BERNARD BARUCH

Destruction Peace War World
“The king may die, or I may die, or the horse may die. Furthermore, in a year, who knows? Maybe the horse will learn to fly.” My philosophy is like that man’s. I take the long-range view.
BERNARD BARUCH

Die Furthermore Horse King Learn Philosophy
A speculator is a man who observes the future, and acts before it occurs.
BERNARD BARUCH

Business Future Men
Colleges don’t teach economics properly. Unfortunately we learn little from the experience of the past.
BERNARD BARUCH

College Little Past Philosophy
A man sentenced to death obtained a reprieve by assuring the king he would teach his majesty’s horse to fly within the year – on the condition that if he didn’t succeed, he would be put to death at the end of the year. “Within a year,” the man explained later.
BERNARD BARUCH

Assuring Die Explain Horse Kings Later Majesty Man Philosophy
To me – old age is always ten years older than I am.
BERNARD BARUCH

Age Birthday Years
The terror created by weaponry has never stopped men from employing them.
BERNARD BARUCH

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

Attention Pay President
Don’t speculate unless you can make it a full time job.
BERNARD BARUCH

Full Jobs Speculate Time

A dangerous fallacy is to repudiate freedom in favor of an unknown future.

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A dangerous fallacy is to repudiate freedom in favor of an unknown future.

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