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.
More Quotes from Bernard Baruch:
Millions saw the apple fall, but Newton was the one who asked why.Bernard Baruch
Every man has a right to be wrong in his opinions. But no man has a right to be wrong about his facts.
Bernard Baruch
A speculator is a man who observes the future, and acts before it occurs.
Bernard Baruch
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.
Bernard Baruch
Nobody ever lost money taking a profit.
Bernard Baruch
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.
Bernard Baruch
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Based on Topics: Fate & Destiny Quotes, Sense & Perception Quotes, Time QuotesBased on Keywords: speculator, ventures
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