Bernard Baruch
![Bernard Baruch](/assets/img/authors/bernard-baruch.jpg)
Bernard Baruch
Bernard Mannes Baruchwas an American financier, stock investor, philanthropist, statesman, and political consultant. After his success in business, he devoted his time toward advising U.S. Presidents Woodrow Wilson and Franklin D. Roosevelt on economic matters and became a philanthropist...
NationalityAmerican
ProfessionBusinessman
Date of Birth19 August 1870
CountryUnited States of America
cutting loss yield
If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.
struggle government political
You can talk about capitalism and communism and all that sort of thing, but the important thing is the struggle everybody is engaged in to get better living conditions, and they are not interested too much in government.
anger men humiliate
No man can humiliate me or disturb me. I won't let him.
lying taught-us evil
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 duty. We are now facing a problem more of ethics than physics.
humility answers critics
Never answer a critic, unless he's right.
war men weaponry
The terror created by weaponry has never stopped men from employing them.
war shooting cold
Although the shooting war is over, we are in the midst of a cold war which is getting warmer.
loss men yield
Society can progress if men's labors show a profit - if they yield more than is put in. To produce at a loss must leave less for all to share.
moving giving top-10
I'll give you the bottom 10% and the top 10% of any move if I get to keep the middle 80%.
america light path
America has never forgotten - and never will forget - the nobler things that brought her into being and that light her path.
thinking information substitutes
Information cannot serve as an effective substitute for thinking.
summer hats wintertime
Buy straw hats in the wintertime. Summer will surely come.
business government fool
Our problem in money-making or government affairs is how to remain properly venturesome and experimental without making fools of ourselves.
essence enemy age
The essence of any plan for financing old age is saving-to put aside some part of today's earnings for the future. 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.