Quotessence
Home / Quotes / Quote by Bernard Baruch

Quote by Bernard Baruch

“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.”

Quote by Bernard Baruch

Author

Bernard Baruch
Bernard Baruch

Bernard Baruch was a distinguished financier, born on August 19, 1870, and died on June 20, 1965. He is renowned for his remarkable achievements in Wall Street and his profound influence on public policy. more

You May Also Like

“Inflationary trends are under way. Wage increases, through strikes or threatened strikes, are rampant. Government expenditures are ballooning ominously. Hoarding has contributed unconscionably to price-boosting. The Government should institute measures calculated to arrest inflation. America's commitments are already so mountainous, international and domestic, that the pruning knife should be applied. You and I, all American taxpayers, don't possess limitless resources-our pockets are not bottomless. Curb inflation at every turn!”

“But I must work on in full calmness and serenity... The world concerns me only in so far as I feel a certain debt and duty towards it, because I have walked on the earth for thirty years, and out of gratitude want to leave some souvenir in the shape of drawings or pictures, not made to please a certain tendency in art, but to express a sincere human feeling. So this work is the aim-and through concentration upon that one idea, everything one does is simplified. Now the work goes slowly-a reason the more to lose no time.”

“Toleration, holding that every other man has the same right to his opinion and faith that we have to ours; and liberality, holding that as no human being can with certainty say, in the clash and conflict of hostile faiths and creeds, what is truth, or that he is surely in possession of it, so everyone should feel that it is quite possible that another equally honest and sincere with himself, and yet holding the contrary opinion, may himself be in possession of the truth.”