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Loss Quotes

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Loss Quotes

“Mankind never loses any good thing, physical, intellectual, or moral, till it finds a better, and then the loss is a gain. No steps backward is the rule of human history. What is gained by one man is invested in all men, and is a permanent investment for all time.”

“the sudden violent dispossession accompanying a refugee flight is much more than the loss of a permanent home and a traditional occupation, or than the parting from close friends and familiar places. It is also the death of the person one has become in a particular context, and every refugee must be his or her own midwife at the painful process of rebirth.”

“I am out of step with present conditions. When the game is no longer played your way, it is only human to say the new approach is all wrong, bound to lead to trouble, and so on. On one point, however, I am clear. I will not abandon a previous approach whose logic I understand ( although I find it difficult to apply ) even though it may mean foregoing large, and apparently easy, profits to embrace an approach which I don't fully understand, have not practiced successfully, and which possibly could lead to substantial permanent loss of capital.”

“We regard using [a stock's] volatility as a measure of risk is nuts. Risk to us is 1) the risk of permanent loss of capital, or 2) the risk of inadequate return. Some great businesses have very volatile returns - for example, See's [a candy company owned by Berkshire] usually loses money in two quarters of each year - and some terrible businesses can have steady results.”

“It is curious how sometimes the memory of death lives on for so much longer than the memory of the life that it purloined. Over the years, as the memory of Sophie Mol ... slowly faded, the Loss of Sophie Mol grew robust and alive. It was always there. Like a fruit in season. Every season. As permanent as a government job.”

“Love with someone else, an actual person, was another matter. People got hurt doing that. People cried and wrapped their arms around themselves and rocked with loss. Loving words got turned to fierce, sharp, whip-cracks of anger that lefft permanent marks. At the least, it disappointed you. At most, it damaged you.”