Friday, May 18, 2012

Baruch....................



Bernard Baruch was the rare kind of investor who gives speculation 
a good name.  Wiki here.  More information  here. A few quotes here:

"Old books that have ceased to be of service should no more be abandoned than should old friends who have ceased to give pleasure."

"The art of living lies not in eliminating but in growing with troubles."

"One of the secrets of a long and fruitful life is to forgive everybody everything every night before you go to bed."

"Vote for the man who promises least; he'll be the least disappointing."

"The greatest blessing of our democracy is freedom. But in the last analysis, our only freedom is the freedom to discipline ourselves."

"Always do one thing less than you think you can do."

"The main purpose of the stock market is to make fools of as many men as possible."

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

"Age is only a number, a cipher for the records. A man can't retire his experience. He must use it. Experience achieves more with less energy and time."

"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."

"I made my money by selling too soon."

"I never lost money by turning a profit."

"Most of the successful people I've known are the ones who do more listening than talking."

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