Bernard Baruch
Everyone is entitled to be wrong about their opinions, but no one has the right to be wrong about their facts.Collection: Facts
In trading/ investing it's not about how much you make, but how much you don't loseCollection: Investing
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.Collection: Love
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.Collection: Success
Be quick to praise people. People like to praise those who praise them.Collection: People
Whatever men attempt, they seem driven to overdo. When hopes are soaring, I always repeat to myself that two and two still make four.Collection: Men
All economic movements, by their very nature, are motivated by crowd psychology.Collection: Psychology
Whatever you do, do it with all your heart and soul.Collection: Heart
The stock market is people.Collection: People
When the outlook is steeped in pessimism, I remind myself, "Two and two still make four, and you can't keep humankind down for long."Collection: Two
I'll give you the bottom 10% and the top 10% of any move if I get to keep the middle 80%.Collection: Moving
Only liars manage to always be out during bad times and in during good times.Collection: Liars
The art of living lies less in eliminating our troubles than in growing with them.Collection: Encouraging
Creativity: Take the obvious, add a cupful of brains, a generous pinch of imagination, a bucketful of courage and daring, stir well and bring to a boil.Collection: Teacher
Approach each new problem not with a view of finding what you hope will be there, but to get the truth, the realities that must be grappled with. You may not like what you find. In that case you are entitled to try to change it. But do not deceive yourself as to what you do find to be the facts of the situation.Collection: Change
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.Collection: Passion
None of us can be free of conflict and woe. Even the greatest men have had to accept disappointments as their daily bread. ... The art of living lies less in eliminating our troubles than in growing with them.Collection: Art
Buy straw hats in the wintertime. Summer will surely come.Collection: Summer
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. .Collection: Son
Never play tips from "insiders." They can't see the forest for the trees.Collection: Play
Bears don't live on Park Avenue.Collection: Parks
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.Collection: Boys
Making a success of the job at hand is the best step toward the kind you want.Collection: Inspirational
Approach each new problem not with a view of finding what you hope will be there, but to get the truth.Collection: Views
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.Collection: Responsibility
A dangerous fallacy is to repudiate freedom in favor of an unknown future. What else but our own sturdy reliance on freedom can explain the unexampled record this country has made? In a period scarcely twice my own lifetime it has risen from nothingness to become the world's greatest power. It has become the ark of the covenant of freedom.Collection: Country
No man can humiliate me or disturb me. I won't let him.Collection: Anger
Nobody ever lost money taking a profitCollection: Money
I have learned the truth of the observation that the more one approaches great men the more one finds that they are men.Collection: Men
A man sentenced to death obtained a reprieve by assuring the king he would teach his majesty's horse to fly within the year - on the condition that if he didn't succeed, he would be put to death at the end of the year. "Within a year," the man explained later, "the king may die, or I may die, or the horse may die. Furthermore, in a year, who knows? Maybe the horse will learn to fly." My philosophy is like that man's. I take the long-range view.Collection: Horse
It is far more difficult... to know when to sell a stock than when to buy.Collection: Difficult
Colleges don't teach economics properly. Unfortunately we learn little from the experience of the past. An economist must know, besides his subject, ethics, logic, philosophy, the humanities and sociology, in fact everything that is part of how we live and react to one another.Collection: Philosophy
I have known men who could see through the motivations of others with the skill of a clairvoyant; only to prove blind to their own mistakes. I have been one of those men.Collection: Motivation
Chance sometimes opens the door, but luck belongs to the good players.Collection: Player
Now is always the hardest time to invest.Collection: Investing
Don't speculate unless you can make it a full time job.Collection: Jobs
Never answer a critic, unless he's right.Collection: Humility
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.Collection: Loss
Increased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster.Collection: Money
I get the facts, I study them patiently, I apply imagination.Collection: Inspirational
Don't try to be a jack of all investments. Stick to the field you know best.Collection: Trying
Become more humble as the market goes your way.Collection: Humble
The terror created by weaponry has never stopped men from employing them.Collection: War
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.Collection: Lying
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.Collection: Essence
There is something about inside information which seems to paralyze a man's reasoning powers.Collection: Power
Nothing did more to spur the boom in stocks than the decision made by the New York Federal Reserve bank, in the spring of 1927, to cut the rediscount rate. Benjamin Strong, Governor of the bank, was chief advocate of this unwise measure, which was taken largely at the behest of Montagu Norman of the Bank of England....At the time of the Banks action I warned of its consequences....I felt that sooner or later the market had to break.Collection: Strong
America has never forgotten - and never will forget - the nobler things that brought her into being and that light her path...Collection: Light
America has never forgotten - and never will forget - the nobler things that brought her into being and that light her path - the path that was entered upon only one hundred and fifty years ago ... How young she is! It will be centuries before she will adopt that maturity of custom - the clothing of the grave - that some people believe she is already fitted for.Collection: Believe