Bernard Baruch

Bernard Baruch

Born: August 19, 1870

Died: June 20, 1965

Nationality: American

Occupation: Businessman

Biography: 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.

Source/Notes: Baruch: The public years (Holt, 1957), p. 31: "I defined a speculator as a man who observes the future and acts before it occurs."
Source/Notes: As quoted in Lowell Sun Newspaper, January 3, 1962: "To remain healthy, Always do one thing less than you think you can do"
Source/Notes: As quoted in: Forbes (1950), p. 42. Also in: Think, Volumes 16-17 (1950), p. 25

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Source/Notes: 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."

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