Bernard Baruch

Bernard Baruch
Bernard Mannes Baruchwas an American financier, stock investor, philanthropist, statesman, and political consultant. After his success in business, he devoted his time toward advising U.S. Presidents Woodrow Wilson and Franklin D. Roosevelt on economic matters and became a philanthropist...
NationalityAmerican
ProfessionBusinessman
Date of Birth19 August 1870
CountryUnited States of America
Bernard Baruch quotes about
thinking effort one-thing
Always do one thing less than you think you can do.
thinking information substitutes
Information cannot serve as an effective substitute for thinking.
character technology thinking
During my eighty-seven years I have witnessed a whole succession of technological revolutions. But none of them has done away with the need for character in the individual or the ability to think.
zero men thinking
No man should think himself a zero, and think he can do nothing about the state of the world.
passion thinking knowing
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.
freedom
In the last analysis, our only freedom is the freedom to discipline ourselves.
american-businessman
If you get all the facts, your judgment can be right; if you don't get all the facts, it can't be right.
man
There are no such things as incurable, there are only things for which man has not found a cure.
man wrong
Every man has a right to be wrong in his opinions. But no man has a right to be wrong in his facts.
age age-and-aging older
Old age is always 15 years older than I am.
believe years two
Gold has worked down from Alexander's time... When something holds good for two thousand years I do not believe it can be so because of prejudice or mistaken theory.
doe needs socialism
We are living in a highly organized state of socialism. The state is all; the individual is of importance only as he contributes to the welfare of the state. His property is only his as the state does not need it. He must hold his life and his possessions at the call of the state.
strong new-york spring
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.
government people citizens
Government is not a substitute for people, but simply the instrument through which they act. And if the individual fails to do his duty as a citizen, government becomes a very deadly instrument indeed.