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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
There is something about inside information which seems to paralyze a man's reasoning powers.
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I get the facts, I study them patiently, I apply imagination.
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Vote for the man who promises least he'll be the least disappointing.
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Never pay the slightest attention to what a company president ever says about his stock.
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If you have made a mistake cut your losses as quickly as possible.
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The art of living lies less in eliminating our troubles than in growing with them.
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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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Old books that have ceased to be of service should no more be abandoned than should old friends who have ceased to give pleasure.
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If all you have is a hammer, everything looks like a nail.
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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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Agriculture is the greatest and fundamentally the most important of our industries. The cities are but the branches of the tree of national life, the roots of which go deeply into the land. We all flourish or decline with the farmer.
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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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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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The stock market is people.
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Never follow the crowd.
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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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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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I never lost money by turning a profit.
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Bears don't live on Park Avenue.
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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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