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If you have made a mistake cut your losses as quickly 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
Losses
Quickly
Failure
Loss
Cutting
Mistake
Possible
Made
More quotes by Bernard Baruch
It is far more difficult... to know when to sell a stock than when to buy.
Bernard Baruch
A man can't retire his experience.
Bernard Baruch
There is something about inside information which seems to paralyze a man's reasoning powers.
Bernard Baruch
Although the shooting war is over, we are in the midst of a cold war which is getting warmer.
Bernard Baruch
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.
Bernard Baruch
Those who matter don't mind, and those who mind don't matter.
Bernard Baruch
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.
Bernard Baruch
The stock market is people.
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.
Bernard Baruch
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.
Bernard Baruch
Making a success of the job at hand is the best step toward the kind you want.
Bernard Baruch
Never pay the slightest attention to what a company president ever says about his stock.
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
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
We did not all come over on the same ship, but we are all in the same boat.
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
Old books that have ceased to be of service should no more be abandoned than should old friends who have ceased to give pleasure.
Bernard Baruch
We can't cross that bridge until we come to it, but I always like to lay down a pontoon ahead of time.
Bernard Baruch
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.
Bernard Baruch
One of the secrets of a long and fruitful life is to forgive everybody everything everynight before you go to bed.
Bernard Baruch
