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Loss Quotes

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Loss Quotes

“Do not accept principal risk while investing short-term cash: the greedy effort to earn a few extra basis points of yield inevitably leads to the incurrence of greater risk, which increases the likelihood of losses and severe illiquidity at precisely the moment when cash is needed to cover expenses, to meet commitments, or to make compelling long-term investments.”

“Requiring the payment of higher wages will lead to a loss of some jobs and a raising of prices which drives companies to search for automation to reduce costs. On the other hand, those receiving higher wages will spend more (the marginal propensity to consume is close to 1 for low income earners) and this will increase demand for additional goods and services. Henry Ford had the clearest vision of why companies can actually benefit by paying higher wages.”

“Remember, whatever you focus upon, increases...When you focus on the things you need, you'll find those needs increasing. If you concentrate your thoughts on what you don't have, you will soon be concentrating on other things that you had forgotten you don't have-and feel worse! If you set your mind on loss, you are more likely to lose...But a grateful perspective brings happiness and abundance into a person's life.”