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.
Bernard BaruchIncreased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster.
Bernard BaruchThe 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.
Bernard BaruchI 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.
Bernard Baruch