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I think one of the major results of the psychology of decision making is that people's attitudes and feelings about losses and gains are really not symmetric. So we really feel more pain when we lose $10,000 than we feel pleasure when we get $10,000.
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.
No matter what losses happen in a given season, the Red Sox always have next year.
With a record of 75 fights and 6 losses, some of the losses were very questionable including Brian Nielsen when we fought in Denmark. I knew I won but they didn't give me that fight.
The Creator has not thought proper to mark those in the forehead who are of stuff to make good generals. We are first, therefore, to seek them blindfold, and then let them learn the trade at the expense of great losses.
Losses have propelled me to even bigger places, so I understand the importance of losing. You can never get complacent because a loss is always around the corner. It's in any game that you're in - a business game or whatever - you can't get complacent.
In the game of life, it's a good idea to have a few early losses, which relieves you of the pressure of trying to maintain an undefeated season.
One loss is good for the soul, Too many losses is not good for the coach.
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.
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.
I'm from a working-class family. We didn't have a lot, but we had the arts. You're talking to a guy who is making a living at doing what he loves doing - acting, singing and dancing. So any career ups and downs were not that significant to me; the only things that really powerfully impinged on me were my losses, and there were many in my life.
During the desperate depression of the 1980s, there were no oil and gas companies without net operating losses.
Equity is the cushion that protects financial institutions from unexpected changes in the value of their assets. The greater the leverage, the smaller the losses required to wipe out a company's equity, leaving it without enough money to repay the people who hold its debt.
War is an instrument entirely inefficient toward redressing wrong; and multiplies, instead of indemnifying losses.
The most successful war seldom pays for its losses.
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.
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.
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.
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.
You never get over losses. I've never gotten over one loss I've had in my career. They always stick with me.
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 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.
Martin Luther King, Jr.
John F. Kennedy
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The first principle is that you must not fool yourself and you are the easiest person to fool.
Richard P. Feynman
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