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
new-york pages news
When good news about the market hits the front page of the New York Times, sell.
jobs full-time-jobs
Don't speculate unless you can make it a full time job.
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.
book giving old-friends
Old books that have ceased to be of service should no more be abandoned than should old friends who have ceased to give pleasure.
successful people successful-people
Most of the successful people I know mostly listen, not talk.
summer hats wintertime
Buy straw hats in the wintertime. Summer will surely come.
choices today
We are here today to make a choice between the quick and the dead.
play tree forests
Never play tips from "insiders." They can't see the forest for the trees.
player doors luck
Chance sometimes opens the door, but luck belongs to the good players.
difficult sells knows
It is far more difficult... to know when to sell a stock than when to buy.
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.
president pay attention
Never pay the slightest attention to what a company president ever says about his stock.
bridges economy crosses
We can't cross that bridge until we come to it, but I always like to lay down a pontoon ahead of time.
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.