Posts Tagged ‘bet’
Laura Ingalls Wilder: Betting Money
on Sunday, March 19, 2023Meaning of Laura Ingalls Wilder Money Quote: saying don’t wager your money on someone else’s game. Laura Ingalls Wilder said:
“Never bet your money on another man’s game” — Laura Ingalls Wilder
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This quote from Laura Ingalls Wilder suggests taking a cautious approach to ventures or investments where others dictate the terms or control key decisions. Some key points in interpreting her perspective:
- Wilder implies that betting financial resources on “another man’s game” over which one has little say involves unnecessary risks.
- She portrays retaining autonomy and agency over how money is utilized as prudent, rather than relying on outcomes determined by others’ actions alone.
- Wilder’s perspective conveys the viewpoint that directly managing one’s resources according to one’s own judgment provides greater security than passive participation in undertakings run by third parties.
- However, reasonable people can disagree on where to draw lines around collaborative versus independent endeavors, as partnerships and diversification also have benefits when all parties act with integrity and transparency.
Overall, the quote reflects Wilder’s belief in self-determination over finances. But the best interpretation considers this as one perspective, and recognizes that responsible stewardship, clear communication and mutual understanding between all help optimize prosperity through a diversity of balanced, sustainable approaches according to personal philosophy and trust between parties over the lifespan.
Birthday: February 7, 1867 – Death: February 10, 1957
Leigh Bardugo: Bet on Myself
on Saturday, January 14, 2023Meaning of Leigh Bardugo Money Quote: saying self confidence can sometimes require outsider belief and use external financing. Leigh Bardugo said:
“I like to bet on myself whenever I can. But usually with other people’s money” — Leigh Bardugo
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This quote by Leigh Bardugo seems to be commenting on taking risks or gambles, but mitigating the potential losses. Some key points:
- She likes to “bet on herself” by taking risks or gambles when possible, showing confidence in her own abilities and ideas.
- However, she acknowledges that she usually does so using “other people’s money” rather than her own funds.
- This suggests she is willing to take chances and back her own initiatives, but is also pragmatic about managing potential downsides by not risking her own capital if others’ can be leveraged instead.
Overall, the quote conveys a spirit of entrepreneurship and risk-taking, but also a practical approach of minimizing personal financial exposure by utilizing other available resources to support gambles or new ventures, rather than gambling solely with her own money on the line. It reflects confidence balanced with prudent risk management.
J Paul Getty: Wealthy Advice
on Thursday, October 21, 2021J Paul Getty Money Quote saying If you desire wealth, take advice from the wealthy rather than friends who have little to offer. J Paul Getty said:
“Seek advice on risk from the wealthy, who still take risks, not friends who dare nothing more than a football bet” — J Paul Getty
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In this quote, J. Paul Getty seems to be advising people to get counsel on risk-taking from those who have accumulated wealth through calculated risks, rather than from cautious friends whose idea of daring is a casual football wager.
Specifically, Getty implies that the truly wealthy attained their status by venturing capital into opportunities that involved substantial risk, but where the potential rewards justified the gamble if the risks paid off. These individuals therefore understood risk assessment and management.
In contrast, Getty suggests average friends who limit their own risk-taking to trivial recreational bets are not as knowledgeable about meaningful risk-reward calculations involving life-changing amounts of money or investments.
The best interpretation is that Getty believed the most insightful advisors on consequential risk-taking are those who succeeded through prudent risk-taking themselves to achieve wealth, not casual acquaintances who shy away from meaningful risks. According to Getty, the wealthy who still take smart chances have lessons to offer others contemplating major risks and opportunities.
Birthday: December 15, 1892 – Death: June 6, 1976
Louie Anderson on Greed of Gambling
on Saturday, June 21, 2014Louie Anderson Money Quotation saying gambling brings on greed induced blindness to inevitability of loss. Louie Anderson said:
“Boy, you get greedy in Vegas, you know. That’s the only place that you can bet $25, get it up to $500 and refuse to quit” — Louie Anderson
In this quote, comedian Louie Anderson seems to be commenting humorously on the allure and temptation of gambling. He notes that in Vegas, it’s possible to start with a modest $25 bet, see it increase to $500 through good luck or skill, yet still be unwilling to “quit” and cash out while in the green.
Anderson implies that the gambling environment can foster greediness, with winners refusing to accept their gains and instead pressing their luck further in pursuit of even bigger rewards.
The quote conveys Anderson’s perspective that Vegas is uniquely capable of instilling overconfidence in bettors who hit a lucky streak, clouding better judgment and prompting them to gamble beyond their means despite already having achieved a sizable profit.
He portrays Vegas as priming even winners to unnecessarily risk what they’ve earned due to gambling’s addictive nature.
Birthday: March 24, 1953 – Death: January 21, 2022