Baruch: My Own Story
by Bernard Mannes Baruch
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Book Summary Information
Author: Bernard Mannes BaruchEdition: Library Binding
Audio: English (Original Language); English (Unknown); English (Published)
Published: 1993-02
ISBN: 156849095X
Publisher: Buccaneer Books
Book Reviews of Baruch: My Own Story
Book Review: The story of a highly accomplished man
Summary: 4 Stars
You may not agree with many of his philosophies on life, markets or politics. Like Soros, he wasn't a supporter of uncontrolled laissez faire capitalism. He was a disciplined man who espoused discipline and control in public and private affairs.
I was drawn to this memoir through the mention of Baruch by Jim Rogers (who founded the Quantum fund with Soros) in an interview two decades back. Then at another place i had heard he sold off his stocks in 1929, just before the big break, when a shoe-polish boy gave him a tip.
Who was Baruch? One of the most successful men in speculation and politics in his time - a wall street partner at 25, a millionaire at 30, a statesman by 50. A very rational observer, he trusted his own judgement above all else. There are many lessons for the trading/investing mind. The one i liked the most was his insistence on never trusting inside information above one's own rational judgement.
This is a fabulous book written by a great man in his closing days. A man who was as big a success in public life as he was in his private.
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