Posts Tagged ‘losses’

Daniel Kahneman: Owning Stocks

Posted by admin on Friday, July 2, 2021

Daniel Kahneman Money Quote saying long-term investing requires ignoring short-term losses or it can make you miserable. Daniel Kahneman said:
 
people are so sensitive to short-term losses. If you count your money every day, you'll be miserable Quote
 

“If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It’s the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you’ll be miserable” — Daniel Kahneman

 

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Thomas Jefferson: Pay War Losses

Posted by admin on Thursday, May 13, 2021

Thomas Jefferson Money Quote saying that even those wars with good results can pay for itself and losses of war. Thomas Jefferson said:
 
The most successful war seldom pays for its losses Quote
 

“The most successful war seldom pays for its losses” — Thomas Jefferson

 

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Smedley D. Butler: War is a Profitable Racket

Posted by admin on Friday, July 17, 2015

Smedley D. Butler Money Quotation saying clearly that where money is to be made in war, business will seek that profit regardless of losses in lives. Smedley D. Butler said:
 
War is a Racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives Quote
 

“War is a Racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives” — Smedley D. Butler

 
 

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Winston Churchill Political Profits

Posted by admin on Tuesday, March 19, 2013

Winston Churchill Money Quotation saying losing money is a larger problem than the vice of making profit. Winston Churchill said:
 
It is a socialist idea that making profits is a vice; I consider the real vice is making losses Quote
 

“It is a socialist idea that making profits is a vice; I consider the real vice is making losses” — Winston Churchill

 

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Jack D. Schwager: Losses

Posted by admin on Monday, August 8, 2011

Jack D. Schwager Money Quotation saying Inability to accept small losses means that you will over-react to larger losses and may suffer complete devastation. Jack D. Schwager said:

If you can’t take a small loss, sooner or later you will take the mother of all losses
— Jack D. Schwager

Money Quotes Daily

Money Quotes Daily