Bernard Mannes Baruch (August 19, 1870 – June 20, 1965) was 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. (Click here for full Wikipedia article)
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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.
A speculator is 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.
Always do one thing less than you think you can do.
Approach each new problem not with a view of finding what you hope will be there, but to get the truth, the realities that must be grappled with. You may not like what you find. In that case you are entitled to try to change it. But do not deceive yourself as to what you do find to be the facts of the situation.
Be quick to praise people. People like to praise those who praise them.
Do not blame anybody for your mistakes and failures.
Do not look for approval except for the consciousness of doing your best.
Don't try to buy at the bottom and sell at the top. It can't be done except by liars.
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.
Every man has a right to be wrong in his opinions. But no man has a right to be wrong in his facts.
I am interested in physical medicine because my father was. I am interested in medical research because I believe in it. I am interested in arthritis because I have it.
I will never be an old man. To me, old age is fifteen years older than I am.
I'm not smart. I try to observe. Millions saw the apple fall but Newton was the one who asked why.
Most of the successful people I’ve known are the ones who do more listening than talking.
Never follow the crowd.
None of us can be free of conflict and woe. Even the greatest men have had to accept disappointments as their daily bread.
One of the secrets of a long and fruitful life is to forgive everybody everything everynight before you go to bed.
Only as you do know yourself can your brain serve you as a sharp and efficient tool. Know your own failings, passions, and prejudices so you can separate them from what you see.
The ability to express an idea is well nigh as important as the idea itself.
The art of living lies less in eliminating our troubles than in growing with them.
The greatest blessing of our democracy is freedom. But in the last analysis, our only freedom is the freedom to discipline ourselves.
The main purpose of the stock market is to make fools of as many men as possible.
There are no such things as incurable, there are only things for which man has not found a cure.
Those who matter don't mind, and those who mind don't matter.
Vote for the man who promises least; he'll be the least disappointing.
We didn't come over in the same ship, but we're all in the same boat.
We grow neither better or worse as we get old, but more like ourselves.
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.
When good news about the market hits the front page of the New York Times, sell.
You can talk about capitalism and communism and all that sort of thing, but the important thing is the struggle everybody is engaged in to get better living conditions, and they are not interested too much in government.
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(Today is also the birthday of Lillian Hellman.)
Categories: Bernard Baruch, Quotes of the day
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