Quote

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

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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
Dangerous
Beauticians
Rich
Barbers
Belief
Beggars
Tell
Beggar
Nothing
Remind
Something
Investment
Time
Illusion
Boys

More quotes by Bernard Baruch

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Vote for the man who promises least he'll be the least disappointing.
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If all you have is a hammer, everything looks like a nail.
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You don't have to blow out the other person's light to let your own shine.
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It is far more difficult... to know when to sell a stock than when to buy.
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Always do one thing less than you think you can do.
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Now is always the hardest time to invest.
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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.
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Making a success of the job at hand is the best step toward the kind you want.
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Although the shooting war is over, we are in the midst of a cold war which is getting warmer.
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Never play tips from insiders. They can't see the forest for the trees.
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Don't try to buy at the bottom and sell at the top. It can't be done except by liars.
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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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I get the facts, I study them patiently, I apply imagination.
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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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Everyone is entitled to be wrong about their opinions, but no one has the right to be wrong about their facts.
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The art of living lies less in eliminating our troubles than in growing with them.
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Bears don't live on Park Avenue.
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You can't repeal human nature by an Act of Congress.
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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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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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