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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
Possible
Purpose
Fools
Funny
Stock
Many
Main
Make
Market
Men
Fool
Humor
Economy
More quotes by Bernard Baruch
No man can humiliate me or disturb me. I won't let him.
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The greatest blessing of our democracy is freedom. But in the last analysis, our only freedom is the freedom to discipline ourselves.
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All economic movements, by their very nature, are motivated by crowd psychology.
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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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I never lost money by turning a profit.
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Whatever you do, do it with all your heart and soul.
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If you have made a mistake cut your losses as quickly as possible.
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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.
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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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Never pay the slightest attention to what a company president ever says about his stock.
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Information cannot serve as an effective substitute for thinking.
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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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It is far more difficult... to know when to sell a stock than when to buy.
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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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We did not all come over on the same ship, but we are all in the same boat.
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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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Never play tips from insiders. They can't see the forest for the trees.
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The art of living lies less in eliminating our troubles than in growing with them.
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Nobody ever lost money taking a profit
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Most of the successful people I know mostly listen, not talk.
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