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Chance Quotes

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Chance Quotes

“And to lose the chance to see frigatebirds soaring in circles above the storm, or a file of pelicans winging their way homeward across the crimson afterglow of the sunset, or a myriad terns flashing in the bright light of midday as they hover in a shifting maze above the beach -- why, the loss is like the loss of a gallery of the masterpieces of the artists of old time.”

“Recreational talking is, along with private singing, one of our saddest recent losses. Like singing, talking has become a job for trained professionals, who are paid considerable sums of money to do it on television and radio while we sit silently listening or, if we're truly lonely and determined, call the station and sit holding the phone waiting for a chance to contribute our two cents' worth.”

“Even with a margin of safety in the investor's favor, an individual security may work out badly. For the margin guarantees only that he has a better chance for profit than for loss - not that loss is impossible. But as the number of such commitments is increased the more certain does it become that the aggregate of the profits will exceed the aggregate of the losses.”

“Why am I more cautious as I age instead of the other way around? I wonder if it's all tied in to failure. I tend to forget my gains and remember only the losses. The failures have piled up, wreaking havoc with my confidence until, as an adult, I've become afraid to take chances.”