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“Our problem in money-making or government affairs is how to remain properly venturesome and experimental without making fools of ourselves.”

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.”

Bernard Baruch

“The longer I operated on Wall Street the more distrustful I became of tips and inside information of every kind. Given time, I believe that inside information can break the Bank of England”

Bernard Baruch

“You can talk about capitalism and communism and all that sort of thing, but the important thing is the struggle everybody is engaged in to get better living conditions, and they are not interested too much in government.”

Bernard Baruch

“America has never forgotten – and never will forget – the nobler things that brought her into being and that light her path…”

Bernard Baruch

“Bears don’t live on Park Avenue.”

Bernard Baruch

“Although the shooting war is over, we are in the midst of a cold war which is getting warmer.”

Bernard Baruch

“Never play tips from “insiders.” They can’t see the forest for the trees.”

Bernard Baruch

“We are here today to make a choice between the quick and the dead.”

Bernard Baruch

“If all you have is a hammer, everything looks like a nail.”

Bernard Baruch

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

Bernard Baruch

“There are no such things as incurables. There are only things for which man has not found a cure.”

Bernard Baruch

“If the history of the past fifty years teaches us anything, it is that peace does not follow disarmament – disarmament follows peace.”

Bernard Baruch

“Let us not be deceived we are today in the midst of a cold war.”

Bernard Baruch

“Peace is never long preserved by weight of metal or by an armament race. Peace can be made tranquil and secure only by understanding and agreement fortified by sanctions. We must embrace international cooperation or international disintegration. 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.”

Bernard Baruch

“You can’t repeal human nature by an Act of Congress.”

Bernard Baruch

“We can’t cross that bridge until we come to it, but I always like to lay down a pontoon ahead of time.”

Bernard Baruch

“Behind the black portent of the new atomic age lies a hope which, seized upon with faith, can work out salvation… Let us not deceive ourselves: we must elect world peace or world destruction.”

Bernard Baruch