Only liars manage to always be out during bad times and in during good times.
Bernard BaruchRead
Never pay the slightest attention to what a company president ever says about his stock.
Interpretation
What this quote means
Be skeptical of executives' statements about their company's stock value.
This quote by Bernard Baruch emphasizes the need for investors to be cautious and skeptical about the claims made by company presidents regarding their stock. Executives may present a biased or overly optimistic view of their company's performance, which could mislead investors, so it is crucial to conduct independent research and analysis before making investment decisions.
Themes
StockInvestmentFinanceCompanyDeception
In practice
Example use cases
During a financial seminar, one could use this quote to discuss the importance of due diligence in stock investments.
More from Bernard Baruch
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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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