“Whenever I take a position, I like to imagine what it would be like under the worst-case scenario. In doing so, I minimize the confusion if that situation actually develops. In my view, losses are a very important part of trading. When a loss happens, I believe in embracing it.” IfsBelieveImportantHappensWould BeI BelieveLossViewsSituationCasesImagineWorstPositionI Believe InConfusionTradingScenariosWorst Case Scenario Author:Gil Blake
“I don't need a receipt for a doughnut. I'll just give you the money, and you give me the doughnut. End of transaction! We don't need to bring ink and paper into this! I can't imagine a scenario where I'd have to prove that I bought a doughnut. Some skeptical friend...'Don't even act like I didn't buy that doughnut! I've got the documentation right here! Oh, wait, it's back home, in the file. Under d...for doughnut.'” NeedsGivingI CanEndsHomeHumorFunnyWaitingImagineProvePaperGive MeInkFilesSkepticalScenariosBack HomeTransactionsDoughnutDocumentationReceiptsInk And Paper Author:Mitch Hedberg
“I feel responsible for everybody, and I couldn't imagine a scenario where I wouldn't be directing what was happening, at the end.” FeelsEndsImagineHappeningsResponsibleScenarios Author:Greg Daniels
“Ancient wisdom: deal in personal trust; your word is your bond; avoid extremes; treat the money you invest for others as something sacred; don't take any more perks than you would wish others to take; don't borrow what you couldn't suddenly pay back; imagine the worse case financial scenario and expect it very may well happen; the wealthier you become the more humble you should act.” ShouldWellsMayHappensWishDealsPayCasesImagineTreatsSacredFinancialAncientHumbleExtremesScenariosPerksAncient Wisdom Author:Victor Davis Hanson
“I was too lazy to read, and I was even too lazy to imagine scenarios drawn up by the pictures. They just suggested a flavor to me. I swallowed them whole, like hosts. It was a form of worship.” WholeFormImagineWorshipLazyHostFlavorScenarios Author:Guy Maddin