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

Bernard Baruch

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

Agreement Sanction Secure Tranquil Understanding
Never play tips from “insiders.” They can’t see the forest for the trees.
BERNARD BARUCH

Forests Insider Play Tree
I never lost money by turning a profit.
BERNARD BARUCH

Lost Lost Money Profit
We can’t cross that bridge until we come to it, but I always like to lay down a pontoon ahead of time.
BERNARD BARUCH

Bridges Crosses Economy
One of the secrets of a long and fruitful life is to forgive everybody everything everynight before you go to bed.
BERNARD BARUCH

Forgiveness Life Positive
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

Knowing Passion Thinking
Peace is never long preserved by weight of metal or by an armament race.
BERNARD BARUCH

Agreement Lying Race
We grow neither better or worse as we get old, but more like ourselves.
BERNARD BARUCH

Birthday Funny Grow Up
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.
BERNARD BARUCH

Government Individuality People
I have known men who could see through the motivations of others with the skill of a clairvoyant; only to prove blind to their own mistakes. I have been one of those men.
BERNARD BARUCH

Men Mistake Motivation Prove Skill
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
I made my money by selling too soon.
BERNARD BARUCH

Business Finance Selling
The greatest blessing of our democracy is freedom. But in the last analysis, our only freedom is the freedom to discipline ourselves.
BERNARD BARUCH

Blessing Discipline Freedom
Whatever you do, do it with all your heart and soul.
BERNARD BARUCH

Heart Soul Whatever
Increased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster.
BERNARD BARUCH

Fall Higher Insurance Money Pension Unemployment
All economic movements, by their very nature, are motivated by crowd psychology.
BERNARD BARUCH

Investing Movement Psychology

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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