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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
Loss
Cutting
Mistake
Possible
Made
Losses
Quickly
Failure
More quotes by Bernard Baruch
Never pay the slightest attention to what a company president ever says about his stock.
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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 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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Now is always the hardest time to invest.
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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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We grow neither better or worse as we get old, but more like ourselves.
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
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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Most of the successful people I've known are the ones who do more listening than talking.
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A man can't retire his experience.
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Nobody ever lost money taking a profit
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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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If all you have is a hammer, everything looks like a nail.
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The stock market is people.
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No man can humiliate me or disturb me. I won't let him.
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There are no such things as incurables. There are only things for which man has not found a cure.
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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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Whatever you do, do it with all your heart and soul.
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The art of living lies less in eliminating our troubles than in growing with them.
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A speculator is a man who observes the future, and acts before it occurs.
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