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The main purpose of the stock market is to make fools of as many men as possible.
Bernard Baruch
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Bernard Baruch
Age: 94 †
Born: 1870
Born: August 19
Died: 1965
Died: June 20
Banker
Economist
Entrepreneur
Financier
Politician
Stockbroker
Trader
Camden
South Carolina
Bernard M. Baruch
Bernard Baruch
B. M. Baruch
B.M. Baruch
Humor
Economy
Possible
Purpose
Fools
Funny
Stock
Many
Main
Make
Market
Men
Fool
More quotes by Bernard Baruch
When good news about the market hits the front page of the New York Times, sell.
Bernard Baruch
You don't have to blow out the other person's light to let your own shine.
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I was the son of an immigrant. I experienced bigotry, intolerance and prejudice, even as so many of you have. Instead of allowing these thing to embitter me, I took them as spurs to more strenuous effort. .
Bernard Baruch
Information cannot serve as an effective substitute for thinking.
Bernard Baruch
There is something about inside information which seems to paralyze a man's reasoning powers.
Bernard Baruch
Even when we know what is right, too often we fail to act. More often we grab greedily for the day, letting tomorrow bring what it will, putting off the unpleasant and unpopular.
Bernard Baruch
Nobody ever lost money taking a profit
Bernard Baruch
I get the facts, I study them patiently, I apply imagination.
Bernard Baruch
A dangerous fallacy is to repudiate freedom in favor of an unknown future. What else but our own sturdy reliance on freedom can explain the unexampled record this country has made? In a period scarcely twice my own lifetime it has risen from nothingness to become the world's greatest power. It has become the ark of the covenant of freedom.
Bernard Baruch
The greatest blessing of our democracy is freedom. But in the last analysis, our only freedom is the freedom to discipline ourselves.
Bernard Baruch
To me - old age is always ten years older than I am.
Bernard Baruch
Learn to take losses quickly and cleanly. There is something about inside information which seems to paralyze a man's reasoning powers. Beware of barbers, beauticians, waiters - or anyone - bringing gifts of 'inside' information or tips. Don't try to be a jack of all investment. Stick to the field you know best.
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Never follow the crowd.
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We are living in a highly organized state of socialism. The state is all the individual is of importance only as he contributes to the welfare of the state. His property is only his as the state does not need it. He must hold his life and his possessions at the call of the state.
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Now is always the hardest time to invest.
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Vote for the man who promises least he'll be the least disappointing.
Bernard Baruch
Most of the successful people I've known are the ones who do more listening than talking.
Bernard Baruch
Bears don't live on Park Avenue.
Bernard Baruch
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.
Bernard Baruch
There are no such things as incurables. There are only things for which man has not found a cure.
Bernard Baruch