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I never lost money by turning a profit.

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
Turning
Profit
Lost
Money
Never

More quotes by Bernard Baruch

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Never play tips from insiders. They can't see the forest for the trees.
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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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The stock market is people.
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The art of living lies less in eliminating our troubles than in growing with them.
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If you have made a mistake cut your losses as quickly as possible.
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Now is always the hardest time to invest.
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All economic movements, by their very nature, are motivated by crowd psychology.
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Nobody ever lost money taking a profit
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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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You can't repeal human nature by an Act of Congress.
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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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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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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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Most of the successful people I know mostly listen, not talk.
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Never pay the slightest attention to what a company president ever says about his stock.
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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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To me - old age is always ten years older than I am.
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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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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 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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