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Now is always the hardest time to invest.
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
Invest
Investing
Hardest
Always
Time
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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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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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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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A speculator is a man who observes the future, and acts before it occurs.
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We did not all come over on the same ship, but we are all in the same boat.
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Always do one thing less than you think you can do.
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Never follow the crowd.
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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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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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If all you have is a hammer, everything looks like a nail.
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Agriculture is the greatest and fundamentally the most important of our industries. The cities are but the branches of the tree of national life, the roots of which go deeply into the land. We all flourish or decline with the farmer.
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Bears don't live on Park Avenue.
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One of the secrets of a long and fruitful life is to forgive everybody everything everynight before you go to bed.
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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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When good news about the market hits the front page of the New York Times, sell.
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We grow neither better or worse as we get old, but more like ourselves.
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