Quote of the Day
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Take care to sell your horse before he dies. The art of life is passing losses on.
Tariffs that save jobs in the steel industry mean higher steel prices, which in turn means fewer sales of American steel products around the world and losses of far more jobs than are saved.
War is a racket. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.
A financial institution has the task of taking risks, and if it's a well run institution - say, Goldman Sachs - it tries to cover the potential losses to itself, but only to itself.
The worst sorrows in life are not in its losses and misfortunes, but its fears.
A. C. Benson
After you have wept and grieved for your physical losses, cherish the functions and the life you have left.
During World War II, the pilot losses were staggering. In some bombing raids, as many as 80% of the planes that left did not return.
One loss is good for the soul, Too many losses is not good for the coach.
Everybody has losses - it's unavoidable in life. Sharing our pain is very healing.
You never get over losses. I've never gotten over one loss I've had in my career. They always stick with me.
Ten years ago, I still feared loss enough to abandon myself in order to keep things stable. I'd smile when I was sad, pretend to like people who appalled me. What I now know is that losses aren't cataclysmic if they teach the heart and soul their natural cycle of breaking and healing.
Negotiations over a shrinking pie are especially difficult because they require an allocation of losses. People tend to be much more easygoing when they bargain over an expanding pie.
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.
I'm on the record for five losses or something like that, but the one guy who really whipped me was Muhammad Ali. And it taught me one big lesson. That no matter how big and strong you are, you're going to have to use your mind. You must think things out.
You control your own wins and losses.
If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It's the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you'll be miserable.
If you think in terms of major losses, because losses loom much larger than gains - that's a very well-established finding - you tend to be very risk-averse. When you think in terms of wealth, you tend to be much less risk-averse.
We all take losses and it's about getting up and coming back.
Whatever the immediate gains and losses, the dangers to our safety arising from political suppression are always greater than the dangers to the safety resulting from political freedom. Suppression is always foolish. Freedom is always wise.
Facts are facts: No president since Franklin Delano Roosevelt in the Great Depression inherited a worse economy, bigger job losses or deeper problems from his predecessor. But President Obama is moving America forward, not back.
NBC News found that FEMA has redrawn maps even for properties that have repeatedly filed claims for flood losses from previous storms. At least some of the properties are on the secret 'repetitive loss list' that FEMA sends to communities to alert them to problem properties.
We are all the heroes and heroines of our own lives. Our love stories are amazingly romantic; our losses and betrayals and disappointments are gigantic in our own minds.
I regret and suffer those losses, but it's God's will. He will pardon me if I committed excesses, but I don't think I did.
When Peru had a cholera outbreak in 1991, losses from tourism and agricultural revenue were three times greater than the total money spent on sanitation in the previous decade.
A good balance of winning and losing is important. If you just win all the time, you won't get anything out of it; having some tough losses can be really important.
A. P. J. Abdul Kalam
C. S. Lewis
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