“The loss of a job may be the wake up-call needed to redeem the fire of your genius.” MayJobsLossFireGeniusNeededWake UpWake Up Call Author:Dan Miller
“Those who profit from adversity possess a spirit of humility and are therefore inclined to make the necessary changes needed to learn from their mistakes, failures, and losses. ... When we are focused too much on ourselves, we lose perspective. Humility allows us to regain perspective and see the big picture. ... Humility allows us to let go of perfection and keep trying.” TryingBigsSpiritLosesLossMistakeToo MuchHumilityPerspectiveNeededLetting GoPerfectionAdversityProfitFocusedKeep TryingBig PictureNecessary Change Author:John C. Maxwell
“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.” LongMomentsTermLossEffortAcceptingGreaterRiskNeededCommitmentBasesIncreaseInvestmentInvestingLong TermExtrasExpensesYieldCashCompellingPrincipalSevereGreedyShort TermLikelihood Author:Seth Klarman
“While advocates of legalized gambling say it brings in revenues needed for education and other uses, it actually has led to higher taxes, loss of jobs, economic disruption of non-gambling businesses, increased crime and higher social-welfare costs” UseJobsSocialLossEconomicCrimeNeededHigherCostTaxesWelfareGamblingRevenueDisruptionSocial WelfareJob Loss Author:John Warren Kindt
“I drank for about 25 years getting over the loss of my father and I took the anger out on myself. I did a good job at beating myself up at sometimes. I don't drink anymore but my alcoholic head occasionally says different. 'Nil By Mouth' was a love letter to my father because I needed to resolve some issues in order to be able to forgive him.” YearsDifferentSometimesAbleJobsOrderFatherLossIssuesNeededDrinkMouthsLettersAngerForgivingResolveGood JobAlcoholicsDrankLove Letter Author:Gary Oldman
“it is a sad truth in life that when someone has lost a loved one, friends sometimes avoid the person, just when the presence of friends is most needed.” PersonsSometimesLostLossNeededLoved OnesSad TruthOne Friend Author:Daniel Handler