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Loss Quotes

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Loss Quotes

“Divorce is one of the most stressful life events anyone goes through. Only the loss of a loved one and moving are even in its class, difficulty-wise-and divorcing generally involves both of those as well. Even when you are the one initiating the divorce, the enormous changes that result are bound to throw you off and leave you feeling, at the very least, a bit lost.”

“The public, as a whole, buys at the wrong time and sells at the wrong time. The average operator, when he sees two or three points profit, takes it; but, if a stock goes against him two or three points, he holds on waiting for the price to recover, with oftentimes, the result of seeing a loss of two or three points run into a loss of ten points.”

“All we can do in this world is the thing that seems to us the best. We have no concern with the results, except as a guide for the future, and sometimes, years afterward, we see that what seemed like a bitter loss was, in reality, gain.”

“The culture and educational system of the contemporary West are based almost exclusively upon the training of the reasoning brain and, to a lesser degree, of the aesthetic emotions. Most of us have forgotten that we are not only brain and will, senses and feelings; we are also spirit. Modern man has for the most part lost touch with the truest and highest aspect of himself; and the result of this inward alienation can be seen all too plainly in his restlessness, his lack of identity and his loss of hope.”

“Most people focus on the wrong thing; They focus on the result, not the process. The process is the sacrifice; it's all the hard parts - the sweat, the pain, the tears, the losses. You make the sacrifices anyway. You learn to enjoy them, or at least embrace them. In the end, it is the sacrifices that must fulfill you.”

“A child is nothing like a racing car. . . . Souping up babies doesn't work that way. The child is what she is. There is a certainirreducible if elusive core. Pushing, pulling, stretching, and shrinking will not really change it. There may be spectacular interim results. The baby may say the alphabet before she walks, master two-times or even ten-times table at three. In the long run, however, this forced precocity tends to be irrelevant. . . . Whatever gains there are become unimportant. The losses can be irrevocable.”

“Has your work become very easy? Do you find you can do it with little effort? Has it ceased to impose any strain or fatigue upon you? Do you no longer feel loss of vitality after a long spell of it? Can you now do it as easy as water rolls off a duck's back? If so, look out! Do some stock-taking. Examine your output.... Work done with little effort is likely to yield little result. Every job can be done excellently or indifferently. Excellence necessitates effort-hard, sustained, concentrated effort.”

“Rather, risk is a perception in each investor's mind that results from analysis of the probability and amount of potential loss from an investment. If an exploratory oil well proves to be a dry hole, it is called risky. If a bond defaults or a stock plunges in price, they are called risky. But if the well is a gusher, the bond matures on schedule, and the stock rallies strongly, can we say they weren't risky when the investment after it is concluded than was known when it was made.”

“A billion homo sapiens are added every 11 years to the planet. The hypertrophy of a single species pushes other life-forms out of bed and into extinction. The decline of biological diversity is real and severe. The alarming loss of soil fertility, forest cover, and coral reef viability and the release of fossilized CO2 that nature put away 300 million years ago in its march toward greater diversity - all these "losses" and many others are the result of one life-form annihilating other life-forms in its immoral confusion of "dominion" with "domination."”

“I used to define success as being able to produce any result you wanted, whether it was a relationship, weight-loss, being a millionaire, impacting the culture, changing society, whatever it might be, it might be homelessness, whatever, but lately I've realized that success is "fulfilling your soul's purpose."”

“Capital does not 'beget profit' as Marx thought. The capital goods as such are dead things that in themselves do not accomplish anything. If they are utilized according to a good idea, profit results. If they are utilized according to a mistaken idea, no profit or losses result. It is the entrepreneurial decision that creates either profit or loss.”

“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 hurt the economic historians, the Marxists and the fabians, to admit that the Ten Hour Bill, the basic piece of 19th century legislation, came down from the top, out of aa nobleman's private feelings about the Gospel, or that the abolition of the slave trade was achieved, not through the operation of some "law" of profit and loss, but peurlet as the result of tyhe new humanitarianism of the Evangelicals.”

“I hate letting my teammates down. I know I'm not going to make every shot. Sometimes I try to make the right play, and if it results in a loss, I feel awful. I don't feel awful because I have to answer questions about it. I feel awful in that locker room because I could have done something more to help my teammates win.”

“The Islamists had control over territory that was about half the size of the Federal Republic of Germany. For years, we have been putting the lives of our troops on the line, we have taken huge losses and the Europeans cut the budget? If money is more important than the lives of our children, what else is this than the usual arrogance and superficiality? And where is all this terror coming from? It is a result of mistakes the West committed in Pakistan and Afghanistan in the 1980s, when they armed the Islamic rebels against the Soviet troops.”

“I never looked at the consequences of missing a big shot... when you think about the consequences you always think of a negative result.”

“Computer hacking really results in financial losses and hassles. The objectives of terrorist groups are more serious. That is not to say that cyber groups can't access a telephone switch in Manhattan on a day like 9/11, shut it down, and therefore cause more casualties.”

“Failure of government programs prompts more determined effort, while the loss of liberty is ignored or rationalized away...whether is it is the war on poverty, drugs, terrorism...or the current Hitler of the day, an appeal to patriotism is used to convince the people that a little sacrifice of liberty, here or there, is a small price to pay...The results, though, are frightening and will soon become even more so.”

“Even if we could grow our way out of the crisis and delay the inevitable and painful reconciliation of virtual and real wealth, there is the question of whether this would be a wise thing to do. Marginal costs of additional growth in rich countries, such as global warming, biodiversity loss and roadways choked with cars, now likely exceed marginal benefits of a little extra consumption. The end result is that promoting further economic growth makes us poorer, not richer.”

“In the loss of skill, we lose stewardship; in losing stewardship we lose fellowship; we become outcasts from the great neighborhood of Creation. It is possible - as our experience in this good land shows - to exile ourselves from Creation, and to ally ourselves with the principle of destruction - which is, ultimately, the principle of nonentity. It is to be willing in general for being to not-be. And once we have allied ourselves with that principle, we are foolish to think that we can control the results. (pg. 303, The Gift of Good Land)”