Only liars manage to always be out during bad times and in during good times.
Bernard BaruchRead
If you get all the facts, your judgment can be right; if you don't get all the facts, it can't be right.
Interpretation
What this quote means
Judgment should be based on complete information for it to be accurate.
This quote emphasizes the importance of having all relevant information before forming a judgment or making a decision. Bernard Baruch suggests that incomplete information can lead to incorrect conclusions, urging individuals to seek thorough understanding and data before proceeding with any assessment or decision-making process.
Themes
JudgmentFactsInformationDecisionWisdom
In practice
Example use cases
In a business meeting discussing project outcomes, one might say, 'As Bernard Baruch noted, if you get all the facts, your judgment can be right.'
More from Bernard Baruch
All quotes βWe can't cross that bridge until we come to it, but I always like to lay down a pontoon ahead of time.
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No man should think himself a zero, and think he can do nothing about the state of the world.
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Unless each man produces more than he receives, increases his output, there will be less for him than all the others.
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Nobody ever lost money taking a profit
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I was the son of an immigrant. I experienced bigotry, intolerance and prejudice, even as so many of you have. Instead of allowing these thing to embitter me, I took them as spurs to more strenuous effort. .
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