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Chance Quotes

Browse 7631 quotes about Chance.

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Chance Quotes

“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.”

MayDoeCertainIndividualChanceLossNumbersImpossibleSecurityCommitmentSafetyInvestingProfitWork OutFavorsGuaranteesInvestorsExceedMargins
Author:Benjamin Graham
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“Only realistic flight schedules should be proposed, schedules that have a reasonable chance of being met. If in this way the government would not support them, then so be it. NASA owes it to the citizens from whom it asks support to be frank, honest, and informative.”

IfsWayShouldGovernmentAsksChanceSupportHonestCitizensMetsSafetyFlightReasonableAviationRealisticFrankSchedulesBeing MeNasaInformative
Book:What Do You Care What Other People Think?
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“Investors frequently benefit from making decisions with less than perfect knowledge and are well rewarded for bearing the risk of uncertainty. The time other investors spend delving into the last unanswered detail may cost them the chance to buy into situations at prices so low they offer a margin of safety despite the incomplete information”

WellsMayLastsChanceDecisionPerfectSituationRiskInformationCostOffersBenefitsLowsSafetyDetailsDespiteUncertaintyInvestorsMarginsIncompleteMaking DecisionsUnansweredDelvingIncomplete Information
Author:Seth Klarman
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