Famous quote by Bernard Baruch

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When good news about the market hits the front page of the New York Times, sell
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"When good news about the market hits the front page of the New York Times, sell"

- Bernard Baruch

About this Quote

This quote by Bernard Baruch is an alerting to financiers to be skeptical of the stock market. He is suggesting that when good information regarding the stock exchange is reported in the New York Times, financiers should beware and also take into consideration offering their stocks. This is since when excellent news is reported, it typically suggests that the securities market is at its height which rates may soon start to decline. Baruch is recommending that financiers must benefit from the bright side and offer their stocks before the market begins to decline. By doing this, capitalists can shield their investments and stay clear of possible losses. This quote is a pointer to capitalists to be aware of the stock exchange and to be prepared to act rapidly when news is reported.

About the Author

USA Flag This quote is written / told by Bernard Baruch between August 19, 1870 and June 20, 1965. He/she was a famous Businessman from USA. The author also have 35 other quotes.

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