Bernard Baruch Quotes (70 quotes)
“Don't try to buy at the bottom and sell at the top. This can't be done - except by liars.”
As quoted in: 20 million careless capitalists (Doubleday, 1967 ) by Carter F. Henderson and Albert C. Lasher, p. 110
“Every man has a right to be wrong in his opinions. But no man has a right to be wrong in his facts.”
Baruch: The public years (Holt, 1957), p. 376. A variant appears in The international control of atomic energy (1946): "Every man has the right to an opinion, but no man has a right to be wrong."
“If the history of the past fifty years teaches us anything, it is that peace does not follow disarmament - disarmament follows peace.”
Quoted by Arthur Krock, "In the Nation," The New York Times, December 26, 1963
“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.”
As quoted in his obituary, New York Times (21 June 1965)
Baruch: The public years (Holt, 1957), p. 31: "I defined a speculator as a man who observes the future and acts before it occurs."
“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.”
On his 85th birthday. UPI News Report, August 20, 1955
As quoted in Lowell Sun Newspaper, January 3, 1962: "To remain healthy, Always do one thing less than you think you can do"
As quoted in: Forbes (1950), p. 42. Also in: Think, Volumes 16-17 (1950), p. 25
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Picture Source: Wikimedia CommonsBernard Baruch
Born: August 19, 1870
Died: June 20, 1965 (aged 94)
Bio: Bernard Mannes Baruch was an American financier, stock-market speculator, 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.
Quote of the day
“In relation to God, we are like a thief who has burgled the house of a kindly householder and been allowed to keep some of the gold. From the point of view of the lawful owner this gold is a gift; Form the point of view of the burglar it is a theft. He must go and give it back. It is the same with our existence. We have stolen a little of God's being to make it ours. God has made us a gift of it. But we have stolen it. We must return it.”