Bernard Baruch Quotes

Bernard Baruch Quotes: 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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Bernard Baruch Quote: 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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Quotes about Bernard Baruch: 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.
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Quote about Bernard Baruch: The art of living lies less in eliminating our troubles than in growing with them.
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Bernard Baruch Sayings: 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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Bernard Baruch Saying: Whatever failures I have known, whatever errors I have committed, whatever follies I have witnessed in private and public life have been the consequence of action without thought.
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Sayings about Bernard Baruch: 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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Saying about Bernard Baruch: I'll give you the bottom 10% and the top 10% of any move if I get to keep the middle 80%.
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Bernard Baruch Quotes: 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.
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Bernard Baruch Quote: Society can progress if men's labors show a profit - if they yield more than is put in. To produce at a loss must leave less for all to share.
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Quotes about Bernard Baruch: 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.
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