Bernard Baruch
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
Bernard Baruch quotes about
play tree forests
Never play tips from "insiders." They can't see the forest for the trees.
people praise
Be quick to praise people. People like to praise those who praise them.
humble way
Become more humble as the market goes your way.
wall believe information
The longer I operated on Wall Street the more distrustful I became of tips and inside information of every kind. Given time, I believe that inside information can break the Bank of England
difficult sells knows
It is far more difficult... to know when to sell a stock than when to buy.
government human-nature congress
You can't repeal human nature by an Act of Congress.
men produce increase
Unless each man produces more than he receives, increases his output, there will be less for him than all the others.
boys belief illusion
When beggars and shoeshine boys, barbers and beauticians can tell you how to get rich it is time to remind yourself that there is no more dangerous illusion than the belief that one can get something for nothing.
men observation i-have-learned
I have learned the truth of the observation that the more one approaches great men the more one finds that they are men.
jobs full-time-jobs
Don't speculate unless you can make it a full time job.
country future records
A dangerous fallacy is to repudiate freedom in favor of an unknown future. What else but our own sturdy reliance on freedom can explain the unexampled record this country has made? In a period scarcely twice my own lifetime it has risen from nothingness to become the world's greatest power. It has become the ark of the covenant of freedom.
lying race agreement
Peace is never long preserved by weight of metal or by an armament race. Peace can be made tranquil and secure only by understanding and agreement fortified by sanctions. We must embrace international cooperation or international disintegration. 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 dignity. We are now facing a problem more of ethics than of physics.
loss men trying
Learn to take losses quickly and cleanly. There is something about inside information which seems to paralyze a man's reasoning powers. 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.
parks bears investment
Bears don't live on Park Avenue.