Bernard Baruch Quotes
Financial Quotes by Bernard Baruch, a stock trader and close friend of Jesse Livermore's who also was one of the few people that did well in the crash of 1929.
Monday, October 8, 2007
Doing Your Best
Whatever task that you undertake, do it with all your heart and soul. Always be courteous, never be discouraged. Beware of him who promises something for nothing. Do not blame anybody for your mistakes and failures. Do not look for approval except in the consciousness of doing your best.
Gold
Gold has worked down from Alexander's time ... When something holds good for two thousand years I do not believe it can be so because of prejudice or mistaken theory.
Facts
If you get all the facts, your judgment can be right; if you don't get all the facts, it can't be right.
Thought
Whatever failures I have known, whatever errors I have committed, whatever follies I have witnessed in private and public life have been the consequence of action without thought.
Ability To Think
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.
Government
Government is not a substitute for people, but simply the instrument through which they act. And if the individual fails to do his duty as a citizen, government becomes a very deadly instrument indeed.
Long Range View
A man sentenced to death obtained a reprieve by assuring the king he would teach his majesty's horse to fly within the year - on the condition that if he didn't succeed, he would be put to death at the end of the year. "Within a year," the man explained later, "the king may die, or I may die, or the horse may die. Furthermore, in a year, who knows? Maybe the horse will learn to fly." My philosophy is like that man's. I take the long-range view.
Progress
Society can progress if men's labors show a profit - if they yield more than is put in. To produce at a loss must leave less for all to share.
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