“In life, satisfaction is experienced when activities are brought to a state of completion. Loss of energy and loss of control are functions of incompletion. The result of completing things releases one's ability to create. Prioritize any items that need to be completed, set a completion date, then do it.” InspirationalNeedsStatesEnergyLossAbilityResultsActivityFunctionSatisfactionReleaseItemsCompletionPrioritizeCompleting Author:William Arthur Ward
“A refined ability to learn from failure and to grow through losses is necessary to achieve excellence in any human endeavor.” HumansGrowsSportsLossAbilityAchieveExcellenceMotivational SportsEndeavorRefinedLearning From Failure Author:Terry Orlick
“To be a super-trader, you'll need an edge to overcome the laws of probability and the uncertainty of the marketplace. That edge comes from information flow, the ability to correct your habits in terms of the market's characteristics, and being able to take risks, cut losses, expand your information network, ferret out ideas, and take recommendations.” NeedsIdeasAbleLawTermLossAbilityCuttingRiskInformationHabitFlowOvercomingEdgesUncertaintyCharacteristicsProbabilityMarketplaceTradersRecommendationsFerretsInformation Flow Author:Ari Kiev
“I think one of the greatest losses to humanity was the domination of women. I think every religious system has found ways to be kind to them in a kind of subordinate way. Very patronizing, very colonial. But if you start looking at the fabric of society, even religious systems, they would fall apart if it wasn't for the embedded ability of the women who are involved.” IfsThinkingWayKindHumanityFallFoundWomenReligiousLossAbilityInvolvedBe KindFabricDominationFalling ApartSubordinatesEmbeddedPatronizing Author:William P. Young
“Rabbits (says Mr. Lockley) are like human beings in many ways. One of these is certainly their staunch ability to withstand disaster and to let the stream of their life carry them along, past reaches of terror and loss. They have a certain quality which it would not be accurate to describe as callousness or indifference. It is, rather, a blessedly circumscribed imagination and an intuitive feeling that Life is Now.” WayHumansFeelingsPastLife IsCertainImaginationHuman BeingsLossAbilityAnimalQualityTerrorDisasterIndifferenceStreamsAccurateIntuitiveRabbitsCallousness Book:Watership Down Source: Watership Down
“A lot of people with high IQs are terrible investors because they've got terrible temperaments. And that is why we say that having a certain kind of temperament is more important than brains. You need to keep raw irrational emotion under control. You need patience and discipline and an ability to take losses and adversity without going crazy. You need an ability to not be driven crazy by extreme success” PeopleNeedsKindImportantCertainLossAbilityEmotionBrainCrazyDisciplineTerribleAdversityExtremesDrivenInvestorsIrrationalTemperamentGoing Crazy Author:Charlie Munger
“Soros is the best loss taker I've ever seen. He doesn't care whether he wins or loses on a trade. If a trade doesn't work, he's confident enough about his ability to win on other trades. There are a lot of shoes on the shelf; wear only the ones that fit. If you're extremely confident, taking a loss doesn't bother you.” IfsEnoughCareWinningLosesLossAbilityFitTradeShoesBotherShelvesWin Or LoseHe Doesn't Care Author:Stanley Druckenmiller