“A price decline is of no real importance to the bona fide investor unless it is either very substantial say, more than a third from cost or unless it reflects a known deterioration of consequence in the company's position. In a well-defined bear market many sound common stocks sell temporarily at extraordinary low prices. It is possible that the investor may then have a paper loss of fully 50 per cent on some of his holdings, without any convincing indication that the underlying values have been permanently affected.” WellsMayHas BeensRealValuesSoundLossCommonCompanyKnownPositionBearsCostPaperLowsConsequenceThirdsImportanceSellsExtraordinaryDefinedAffectedInvestorsDeclineCentsConvincingIndicationDeterioration Author:Benjamin Graham
“A company has only so much money and managerial time. Winning leaders invest where the payback is the highest. They cut their losses everywhere else.” WinningLossCompanyLeaderCuttingHighestPayback Book:Winning: The Ultimate Business How-To Book Source: Winning: The Ultimate Business How-To Book
“Here in the Great Lakes region, a fourth year in a row of declining water levels has caused millions of dollars in losses for shipping companies, marinas and other businesses and prompted further restrictions on future water withdrawals for expanding suburbs. "A lot of people just can't believe that we may be running out of water, living this close to the Great Lakes," said Sarah Nerenberg, a water engineer with the Northeastern Illinois Planning Commission, which conducted the study on shortages.” PeopleYearsBelieveMaySaidRunningWaterLossLevelsCompanyMillionsStudyDollarsEnvironmentalPlanningLakesRegionsFourthEngineersExpandingRestrictionSuburbsShortageWithdrawalIllinoisShippingGreat LakesFourth Year Author:Timothy Egan
“I trust online banking. You know why? Because if somebody hacks into my account and defrauds my credit card company, or my online bank account, guess who takes the loss? The bank, not me.” IfsKnowsLossCompanyAccountsCreditCardsOnlineBankingCredit CardHacksBank Accounts Author:Kevin Mitnick