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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
Many
Main
Make
Market
Men
Fool
Humor
Economy
Possible
Purpose
Fools
Funny
Stock

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We can't cross that bridge until we come to it, but I always like to lay down a pontoon ahead of time.
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When beggars and shoeshine boys, barbers and beauticians can tell you how to get rich it is time to remind yourself that there is no more dangerous illusion than the belief that one can get something for nothing.
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No man should think himself a zero, and think he can do nothing about the state of the world.
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Never pay the slightest attention to what a company president ever says about his stock.
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So efficient are the available instruments of slavery fingerprints, lie detectors, brain washings, gas chambers that we shiver at the thought of political change which might put these instruments in the hands of men of hate.
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Now is always the hardest time to invest.
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No man can humiliate me or disturb me. I won't let him.
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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.
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The essence of any plan for financing old age is saving-to put aside some part of today's earnings for the future. Anything that saps the value of savings-and inflation is the worst single threat-is the enemy of the aged and of those who expect to grow old.
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Most of the successful people I've known are the ones who do more listening than talking.
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Although the shooting war is over, we are in the midst of a cold war which is getting warmer.
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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 arent still there, hes no longer a political leader.
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Never play tips from insiders. They can't see the forest for the trees.
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Information cannot serve as an effective substitute for thinking.
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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.
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Everyone is entitled to be wrong about their opinions, but no one has the right to be wrong about their facts.
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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.
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You don't have to blow out the other person's light to let your own shine.
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All economic movements, by their very nature, are motivated by crowd psychology.
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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. .
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