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Loss Quotes

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Loss Quotes

“Self-interest and mutual interest are inextricably linked. National interests can best be advanced through collective action, ... Calculate not just the human misery of the poor themselves. Calculate our loss: The aid, the lost opportunity to trade, the short-term consequences of the multiple conflicts; the long-term consequences on the attitude to the wealthy world of injustice and abject deprivation amongst the poor.”

“Fifteen years ago tomorrow I had open heart surgery, a quintuple bypass surgery. Thanks to all of my doctors. Because of them, in 15 years of life I've been able to experience, well, acid reflux, short-term memory loss, and erectile dysfunction. Thanks for all your work. It's great to be alive.”

“Any strategy that involves crossing a valley accepting short-term losses to reach a higher hill in the distance will soon be brought to a halt by the demands of a system that celebrates short-term gains and tolerates stagnation, but condemns anything else as failure. In short, a world where big stuff can never get done.”

“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.”