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
mistake failure cutting
If you have made a mistake cut your losses as quickly as possible.
believe maturity light
America has never forgotten - and will never forget - the nobler things that brought her into being and that light her path - the path that was entered upon only one hundred and fifty years ago. . . . How young she is! It will be centuries before she will adopt that maturity of custom - the clothing of the grave - that some people believe she is already fitted for.
saving investment profit
Nobody ever lost money taking a profit
philosophy past college
Colleges don't teach economics properly. Unfortunately we learn little from the experience of the past. An economist must know, besides his subject, ethics, logic, philosophy, the humanities and sociology, in fact everything that is part of how we live and react to one another.
humble way
Become more humble as the market goes your way.
investing hardest-times hardest
Now is always the hardest time to invest.
peace past years
If the history of the past fifty years teaches us anything, it is that peace does not follow disarmament - disarmament follows peace.
men two investing
Whatever men attempt, they seem driven to overdo. When hopes are soaring, I always repeat to myself that two and two still make four.
teacher retirement numbers
Age is only a number, a cipher for the records. A man can't retire his experience. He must use it. Experience achieves more with less energy and time.
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.
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
america light path
America has never forgotten - and never will forget - the nobler things that brought her into being and that light her path.
people praise
Be quick to praise people. People like to praise those who praise them.