Background Image

...

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

...

Please Wait....
Translating....

Peace Is Never Long

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.

Views: 77071

Topic

More From Bernard Baruch

If All You Have Is A Hammer, Everything Looks Like A Nail.

The Main Purpose Of The Stock Market Is To Make Fools Of As Many Men As Possible.

Millions Saw The Apple Fall But Newton Was The One Who Asked Why.

Whatever Men Attempt, They Seem Driven To Overdo. When Hopes Are Soaring, I Always Repeat To Myself That Two And Two Still Make Four.

Making A Success Of The Job At Hand Is The Best Step Toward The Kind You Want.

A Political Leader Must Keep Looking Over His Shoulder All The Time To See If The Boys Are Still There. If They Arent Still There, Hes No Longer A Political Leader.

The Ability To Express An Idea Is Well Nigh As Important As The Idea Itself.

Vote For The Man Who Promises Least; He'll Be The Least Disappointing.

Keeping Promises

So Efficient Are The Available Instruments Of Slavery; Fingerprints, Lie Detectors, Brain Washings, Gas Chambers; That We Shiver At The Thought Of Political Change Which Might Put These Instruments In The Hands Of Men Of Hate.

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.

Whatever Task You Undertake, Do It With All Your Heart And Soul. Always Be Courteous, Never Be Discouraged. Beware Of Him Who Promises Something For Nothing. Do Not Blame Anybody For Your Mistakes And Failures. Do Not Look For Approval Except The Consciousness Of Doing Your Best.

Even When We Know What Is Right, Too Often We Fail To Act. More Often We Grab Greedily For The Day, Letting Tomorrow Bring What It Will, Putting Off The Unpleasant And Unpopular.

The Greatest Blessing Of Our Democracy Is Freedom. But In The Last Analysis, Our Only Freedom Is The Freedom To Discipline Ourselves.

A Man Can't Retire His Experience.

In Trading/ Investing It's Not About How Much You Make, But How Much You Don't Lose

We Can't Cross That Bridge Until We Come To It, But I Always Like To Lay Down A Pontoon Ahead Of Time.

Bears Don't Live On Park Avenue.

Those Who Matter Don't Mind, And Those Who Mind Don't Matter.

I Was The Son Of An Immigrant. I Experienced Bigotry, Intolerance And Prejudice, Even As So Many Of You Have. Instead Of Allowing These Thing To Embitter Me, I Took Them As Spurs To More Strenuous Effort. .

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.

If The History Of The Past Fifty Years Teaches Us Anything, It Is That Peace Does Not Follow Disarmament - Disarmament Follows Peace.

We Are Here Today To Make A Choice Between The Quick And The Dead.

Most Of The Successful People I Know Mostly Listen, Not Talk.

Successful People

Do Not Blame Anybody For Your Mistakes And Failures.

You Can't Repeal Human Nature By An Act Of Congress.

Never Follow The Crowd.

The Stock Market Is People.

Only As You Do Know Yourself Can Your Brain Serve You As A Sharp And Efficient Tool. Know Your Own Failings, Passions, And Prejudices So You Can Separate Them From What You See.

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.

A Man Sentenced To Death Obtained A Reprieve By Assuring The King He Would Teach His Majesty's Horse To Fly Within The Year - On The Condition That If He Didn't Succeed, He Would Be Put To Death At The End Of The Year. "within A Year," The Man Explained Later, "the King May Die, Or I May Die, Or The Horse May Die. Furthermore, In A Year, Who Knows? Maybe The Horse Will Learn To Fly." My Philosophy Is Like That Man's. I Take The Long-range View.

You Don't Have To Blow Out The Other Person's Light To Let Your Own Shine.

If You Have Made A Mistake Cut Your Losses As Quickly As Possible.

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.

There Are No Such Things As Incurables. There Are Only Things For Which Man Has Not Found A Cure.

The Terror Created By Weaponry Has Never Stopped Men From Employing Them.

Although The Shooting War Is Over, We Are In The Midst Of A Cold War Which Is Getting Warmer.

I'll Give You The Bottom 10% And The Top 10% Of Any Move If I Get To Keep The Middle 80%.

Unless Each Man Produces More Than He Receives, Increases His Output, There Will Be Less For Him Than All The Others.

A Dangerous Fallacy Is To Repudiate Freedom In Favor Of An Unknown Future. What Else But Our Own Sturdy Reliance On Freedom Can Explain The Unexampled Record This Country Has Made? In A Period Scarcely Twice My Own Lifetime It Has Risen From Nothingness To Become The World's Greatest Power. It Has Become The Ark Of The Covenant Of Freedom.

To Me - Old Age Is Always Ten Years Older Than I Am.

Always Do One Thing Less Than You Think You Can Do.

We Did Not All Come Over On The Same Ship, But We Are All In The Same Boat.

Now Is Always The Hardest Time To Invest.

Don't Try To Be A Jack Of All Investments. Stick To The Field You Know Best.

If A Speculator Is Correct Half Of The Time, He Is Hitting A Good Average. Even Being Right 3 Or 4 Times Out Of 10 Should Yield A Person A Fortune If He Has The Sense To Cut His Losses Quickly On The Ventures Where He Is Wrong.

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.

Let Us Not Be Deceived We Are Today In The Midst Of A Cold War.

A Speculator Is A Man Who Observes The Future, And Acts Before It Occurs.

Don't Speculate Unless You Can Make It A Full Time Job.

We Grow Neither Better Or Worse As We Get Old, But More Like Ourselves.

Never Play Tips From "insiders." They Can't See The Forest For The Trees.

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.

Two Things Are Bad For The Heart - Running Up Stairs And Running Down People.

No Man Can Humiliate Me Or Disturb Me. I Won't Let Him.

Approach Each New Problem Not With A View Of Finding What You Hope Will Be There, But To Get The Truth.

America Has Never Forgotten - And Never Will Forget - The Nobler Things That Brought Her Into Being And That Light Her Path - The Path That Was Entered Upon Only One Hundred And Fifty Years Ago ... How Young She Is! It Will Be Centuries Before She Will Adopt That Maturity Of Custom - The Clothing Of The Grave - That Some People Believe She Is Already Fitted For.

I Have Known Men Who Could See Through The Motivations Of Others With The Skill Of A Clairvoyant; Only To Prove Blind To Their Own Mistakes. I Have Been One Of Those Men.

One Of The Secrets Of A Long And Fruitful Life Is To Forgive Everybody Everything Everynight Before You Go To Bed.

Financial Storm Definitely Passed.

Great Depression

Be Quick To Praise People. People Like To Praise Those Who Praise Them.

I Am Interested In Physical Medicine Because My Father Was. I Am Interested In Medical Research Because I Believe In It. I Am Interested In Arthritis Because I Have It.

When The Outlook Is Steeped In Pessimism, I Remind Myself, "two And Two Still Make Four, And You Can't Keep Humankind Down For Long."

You Can Overcome Anything If You Don't Bellyache.

I Have Learned The Truth Of The Observation That The More One Approaches Great Men The More One Finds That They Are Men.

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.

Recipe For Success: Be Polite, Prepare Yourself For Whatever You Are Asked To Do, Keep Yourself Tidy, Be Cheerful, Don't Be Envious, Be Honest With Yourself So You Will Be Honest With Others, Be Helpful, Interest Yourself In Your Job, Don't Pity Yourself, Be Quick To Praise, Be Loyal To Your Friends, Avoid Prejudices, Be Independent, Interest Yourself In Politics, And Read The Newspapers.

I Made My Money By Selling Too Soon.

I Get The Facts, I Study Them Patiently, I Apply Imagination.

Never Answer A Critic, Unless He's Right.

Old Books That Have Ceased To Be Of Service Should No More Be Abandoned Than Should Old Friends Who Have Ceased To Give Pleasure.

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.

Increased Wages, Higher Pensions, More Unemployment Insurance, All Are Of No Avail If The Purchasing Power Of Money Falls Faster.

Agriculture Is The Greatest And Fundamentally The Most Important Of Our Industries. The Cities Are But The Branches Of The Tree Of National Life, The Roots Of Which Go Deeply Into The Land. We All Flourish Or Decline With The Farmer.

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.

Whatever You Do, Do It With All Your Heart And Soul.

Creativity: Take The Obvious, Add A Cupful Of Brains, A Generous Pinch Of Imagination, A Bucketful Of Courage And Daring, Stir Well And Bring To A Boil.

The Art Of Living Lies Less In Eliminating Our Troubles Than In Growing With Them.

All Economic Movements, By Their Very Nature, Are Motivated By Crowd Psychology.

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.

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.

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.

Everyone Is Entitled To Be Wrong About Their Opinions, But No One Has The Right To Be Wrong About Their Facts.

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.

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.

Only Liars Manage To Always Be Out During Bad Times And In During Good Times.

Let Us Not Deceive Ourselves; We Must Elect World Peace Or World Destruction.

World Destruction

No Man Should Think Himself A Zero, And Think He Can Do Nothing About The State Of The World.

When Good News About The Market Hits The Front Page Of The New York Times, Sell.

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

Never Pay The Slightest Attention To What A Company President Ever Says About His Stock.

There Is Something About Inside Information Which Seems To Paralyze A Man's Reasoning Powers.

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.

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.

Approach Each New Problem Not With A View Of Finding What You Hope Will Be There, But To Get The Truth, The Realities That Must Be Grappled With. You May Not Like What You Find. In That Case You Are Entitled To Try To Change It. But Do Not Deceive Yourself As To What You Do Find To Be The Facts Of The Situation.

Become More Humble As The Market Goes Your Way.

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.

Buy Straw Hats In The Wintertime. Summer Will Surely Come.

Nobody Ever Lost Money Taking A Profit

America Has Never Forgotten - And Never Will Forget - The Nobler Things That Brought Her Into Being And That Light Her Path...

It Is Far More Difficult... To Know When To Sell A Stock Than When To Buy.

Information Cannot Serve As An Effective Substitute For Thinking.

Don't Try To Buy At The Bottom And Sell At The Top. It Can't Be Done Except By Liars.

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.

Our Problem In Money-making Or Government Affairs Is How To Remain Properly Venturesome And Experimental Without Making Fools Of Ourselves.

Chance Sometimes Opens The Door, But Luck Belongs To The Good Players.

When Beggars And Shoeshine Boys, Barbers And Beauticians Can Tell You How To Get Rich It Is Time To Remind Yourself That There Is No More Dangerous Illusion Than The Belief That One Can Get Something For Nothing.

Trending Author

Charles William Eliot

Category