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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
Tell
Beggar
Nothing
Remind
Something
Investment
Time
Illusion
Boys
Dangerous
Beauticians
Rich
Barbers
Belief
Beggars
More quotes by Bernard Baruch
Never follow the crowd.
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Most of the successful people I know mostly listen, not talk.
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Information cannot serve as an effective substitute for thinking.
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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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When good news about the market hits the front page of the New York Times, sell.
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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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There are no such things as incurables. There are only things for which man has not found a cure.
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Those who matter don't mind, and those who mind don't matter.
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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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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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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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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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The main purpose of the stock market is to make fools of as many men as possible.
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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.
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Never play tips from insiders. They can't see the forest for the trees.
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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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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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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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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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