Quote

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.

Bernard Baruch

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Bernard Baruch
Age: 94 †
Born: 1870
Born: August 19
Died: 1965
Died: June 20
Banker
Economist
Entrepreneur
Financier
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Camden
South Carolina
Bernard M. Baruch
Bernard Baruch
B. M. Baruch
B.M. Baruch
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Twice
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Unknown
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Repudiate
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Periods

More quotes by Bernard Baruch

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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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If you have made a mistake cut your losses as quickly as possible.
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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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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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Making a success of the job at hand is the best step toward the kind you want.
Bernard Baruch
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Nobody ever lost money taking a profit
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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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A speculator is a man who observes the future, and acts before it occurs.
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So efficient are the available instruments of slavery fingerprints, lie detectors, brain washings, gas chambers that we shiver at the thought of political change which might put these instruments in the hands of men of hate.
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All economic movements, by their very nature, are motivated by crowd psychology.
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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.
Bernard Baruch
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We did not all come over on the same ship, but we are all in the same boat.
Bernard Baruch
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There is something about inside information which seems to paralyze a man's reasoning powers.
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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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Most of the successful people I've known are the ones who do more listening than talking.
Bernard Baruch
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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.
Bernard Baruch
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Only as you do know yourself can your brain serve you as a sharp and efficient tool. Know your own failings, passions, and prejudices so you can separate them from what you see.
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When good news about the market hits the front page of the New York Times, sell.
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Our problem in money-making or government affairs is how to remain properly venturesome and experimental without making fools of ourselves.
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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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