Quote #21

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

More from Bernard Baruch

  1. In the last analysis, our only freedom is the freedom to discipline ourselves.
  2. We can't cross that bridge until we come to it, but I always like to lay down a pontoon ahead of time.
  3. If you get all the facts, your judgment can be right. If you don't get all the facts, it can't be right.
  4. We did not all come over on the same ship, but we are all in the same boat.
  5. If all you have is a hammer, everything looks like a nail.
  6. Age is only a number, a cipher for the records. A man can't retire his experience. He must use it.
  7. I never lost money by turning a profit.
  8. I am a speculator. The word comes from the Latin speculari, which means 'observe.' I observe.

All Bernard Baruch quotes