Bernard Baruch Quotes
An American financier, stock market speculator, statesman, and presidential advisor.
(1870 - 1965)
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A political leader must keep looking over his shoulder all the time to see if the boys are still there. If they aren't still there, he's no longer a political leader.
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A speculator is a man who observes the future, and acts before it occurs.
[Acts]
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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.
[Experience]
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Although the shooting war is over, we are in the midst of a cold war which is getting warmer.
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Always do one thing less than you think you can do.
[One Day]
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America has never forgotten - and never will 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.
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Behind the black portent of the new atomic age lies a hope which, seized upon with faith, can work out salvation ... Let us not deceive ourselves: we must elect world peace or world destruction.
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Do not blame anybody for your mistakes and failures.
[Self Reliance]
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Do not look for approval except for the consciousness of doing your best.
[Self Acceptance]
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Don't try to buy at the bottom and sell at the top. It can't be done except by liars.
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During my eighty-seven years I have witnessed a whole succession of technological revolutions. But none of them has done away with the need for character in the individual or the ability to think.
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Every man has a right to his opinion, but no man has a right to be wrong in his facts.
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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.
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I made my money by selling too soon.
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I never lost money by turning a profit.
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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.
[Being]
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If all you have is a hammer, everything looks like a nail.
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If the history of the past fifty years teaches us anything, it is that peace does not follow disarmament - disarmament follows peace.
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If you get all the facts, your judgment can be right; if you don't get all the facts, it can't be right.
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In the last analysis, our only freedom is the freedom to discipline ourselves.
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