Bernard Baruch

Financier, Politician

Bernard Baruch was an influential American financier and advisor known for his strategic insights in business and politics, particularly during the Great Depression.

Born
August 19, 1870
Died
June 14, 1965
Quotes
107
Rank
#1072

About Bernard Baruch

Bernard Baruch — Life and Legacy

Bernard Baruch was a prominent American financier, stock market speculator, and advisor who played a significant role in shaping economic policy during the early 20th century. His distinctive approach to investing and his insights into market behavior made him a key figure in American finance, particularly during the tumultuous years of the Great Depression. Baruch's core philosophy revolved around the importance of strategic decision-making and risk management. He famously stated, 'I made my money by selling too soon,' which reflects his belief in the necessity of timely action and the importance of understanding market dynamics. This perspective not only underscores his success as an investor but also highlights his analytical mindset, which challenged the more speculative approaches prevalent in his time. His quotes continue to resonate today, emphasizing the value of wisdom and discernment in both business and personal endeavors. Baruch's assertion, 'The art of being wise is the art of knowing what to overlook,' encapsulates his understanding of the complexities of decision-making, urging individuals to focus on what truly matters. Through his insights, Baruch has left an enduring legacy that inspires strategic thinking and resilience in the face of uncertainty.

Quote collection

Bernard Baruch quotes (page 1 of 6)

107 quotes — follow a thought to its full quote page.

Bernard Baruch Financier, Politician
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"Those who matter don't mind, and those who mind don't matter."

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Bernard Baruch Financier, Politician
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"Only liars manage to always be out during bad times and in during good times."

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Bernard Baruch Financier, Politician
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"No man can humiliate me or disturb me. I won't let him."

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Bernard Baruch Financier, Politician
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"Two things are bad for the heart - running up stairs and running down people."

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Bernard Baruch Financier, Politician
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"Recipe for success: Be polite, prepare yourself for whatever you are asked to do, keep yourself tidy, be cheerful, don't be envious, be honest with yourself so you will be honest with others, be helpful, interest yourself in your job, don't pity yourself, be quick to praise, be loyal to your friends, avoid prejudices, be independent, interest yourself in politics, and read the newspapers."

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Bernard Baruch Financier, Politician
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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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Bernard Baruch Financier, Politician
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"Peace is never long preserved by weight of metal or by an armament race. Peace can be made tranquil and secure only by understanding and agreement fortified by sanctions. We must embrace international cooperation or international disintegration. Science has taught us how to put the atom to work. But to make it work for good instead of for evil lies in the domain dealing with the principles of human dignity. We are now facing a problem more of ethics than of physics."

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Bernard Baruch Financier, Politician
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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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Bernard Baruch Financier, Politician
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"Whatever task you undertake, do it with all your heart and soul. Always be courteous, never be discouraged. Beware of him who promises something for nothing. Do not blame anybody for your mistakes and failures. Do not look for approval except the consciousness of doing your best."

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Bernard Baruch Financier, Politician
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"In trading/ investing it's not about how much you make, but how much you don't lose"

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Bernard Baruch Financier, Politician
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"Get to know yourself. Know your own failings, passions, and prejudices so you can separate them from what you see. Know also when you actually have thought through to the nature of the thing with which you are dealing and when you are not thinking at all... Knowing yourself and knowing the facts, you can judge whether you can change the situation so it is more to your liking. If you cannot--or if you do not know how to improve on things--then discipline yourself to the adjustments that will be necessary."

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Bernard Baruch Financier, Politician
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"Most of the successful people I've known are the ones who do more listening than talking."

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Bernard Baruch Financier, Politician
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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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Bernard Baruch Financier, Politician
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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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Bernard Baruch Financier, Politician
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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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Bernard Baruch Financier, Politician
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"A speculator is a man who observes the future, and acts before it occurs."

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Bernard Baruch Financier, Politician
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"It is far more difficult... to know when to sell a stock than when to buy."

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