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Bernard Baruch
128quotes
Full Name and Common Aliases
Bernard Mannes Baruch was an American financier, stock investor, and presidential advisor.
Birth and Death Dates
Born: 19 May 1870, Camden, New Jersey, USA
Died: 20 June 1965, New York City, USA
Nationality and Profession(s)
Nationality: American
Professions: Financier, Stock Investor, Presidential Advisor
Early Life and Background
Bernard Baruch was born to a Jewish family in Camden, New Jersey. His father, Morris Baruch, was a successful merchant who had immigrated from Germany. Bernard's early life was marked by a strong emphasis on education; he attended the College of the City of New York (now known as the City University of New York) before transferring to Columbia University, where he graduated in 1894.
Major Accomplishments
Bernard Baruch made his fortune on Wall Street, becoming one of the most influential financiers of his time. He was a pioneer in the field of investment banking and made significant contributions to the development of the stock market. In addition to his financial success, Baruch served as an advisor to several U.S. presidents, including Woodrow Wilson and Franklin D. Roosevelt.
Notable Works or Actions
Baruch's most notable work was likely his role in shaping the U.S. economy during times of crisis. He played a key part in stabilizing the nation's finances following World War I and again during the Great Depression. His recommendations on economic policy had significant impacts, helping to guide the country through tumultuous periods.
Impact and Legacy
Bernard Baruch left an indelible mark on American finance and politics. His legacy is one of pragmatism and vision, as he navigated the complexities of the global economy while providing guidance to leaders during pivotal moments in history. Despite facing significant challenges throughout his career, Baruch remained steadfast in his commitment to using his expertise for the betterment of society.
Why They Are Widely Quoted or Remembered
Bernard Baruch's quotes and writings offer valuable insights into leadership, economics, and personal philosophy. His observations on investing in oneself, staying adaptable in changing times, and being willing to take calculated risks continue to inspire and educate readers today. As a result, his words remain relevant beyond the confines of his own era, providing guidance for individuals navigating diverse fields and circumstances.
Note: Bernard Baruch's quotes have been compiled into various books and publications over the years. Some notable sources include _Baruch: The Public Years_ by James P. Warburg and _Bearing the Cross_ by David J. Garrow.
Quotes by Bernard Baruch
Bernard Baruch's insights on:

"
In trading/ investing it's not about how much you make, but how much you don't lose

"
In trading/ investing it's not about how much you make, but how much you don't lose.
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