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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.
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
Information cannot serve as an effective substitute for thinking.
Bernard Baruch
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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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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The stock market is people.
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If you have made a mistake cut your losses as quickly as possible.
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Never follow the crowd.
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Whatever you do, do it with all your heart and soul.
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It is far more difficult... to know when to sell a stock than when to buy.
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There is something about inside information which seems to paralyze a man's reasoning powers.
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. .
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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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A man can't retire his experience.
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A political leader must keep looking over his shoulder all the time to see if the boys are still there. If they arent still there, hes no longer a political leader.
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Those who matter don't mind, and those who mind don't matter.
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If all you have is a hammer, everything looks like a nail.
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Now is always the hardest time to invest.
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Never pay the slightest attention to what a company president ever says about his stock.
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Never play tips from insiders. They can't see the forest for the trees.
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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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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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