If the history of the past fifty years teaches us anything, it is that peace does not follow disarmament - disarmament follows peace.
Bernard BaruchNone 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.
Bernard BaruchOnly 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.
Bernard BaruchScience 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 BaruchGet 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.
Bernard BaruchThe greatest blessing of our democracy is freedom. But in the last analysis, our only freedom is the freedom to discipline ourselves.
Bernard BaruchApproach 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.
Bernard BaruchWhen the outlook is steeped in pessimism, I remind myself, "Two and two still make four, and you can't keep humankind down for long."
Bernard BaruchGovernment 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.
Bernard BaruchI'll give you the bottom 10% and the top 10% of any move if I get to keep the middle 80%.
Bernard BaruchSociety 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.
Bernard BaruchDon't try to buy at the bottom and sell at the top. It can't be done except by liars.
Bernard BaruchEveryone is entitled to be wrong about their opinions, but no one has the right to be wrong about their facts.
Bernard BaruchCreativity: 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.
Bernard BaruchLearn 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.
Bernard BaruchBehind 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 BaruchWhatever men attempt, they seem driven to overdo. When hopes are soaring, I always repeat to myself that two and two still make four.
Bernard BaruchIncreased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster.
Bernard BaruchYou 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 BaruchA 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.
Bernard Baruch