A Quote by Judith Viorst
Passionate investment leaves us vulnerable to loss. And sometimes, no matter how clever we are, we must lose.
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You must be vulnerable to be sensitive to reality. And to be vulnerable is just another way of saying that one has nothing more to lose. I don't have anything but darkness to lose.
No matter what business you are in, and no matter how small or mundane, the activities, there must be continuous investment in it.
Sometimes you must lose everything to gain it again, and the regaining is the sweeter for the pain of loss.
Warren Buffett likes to say that the first rule of investing is "Don't lose money," and the second rule is, "Never forget the first rule." I too believe that avoiding loss should be the primary goal of every investor. This does not mean that investors should never incur the risk of any loss at all. Rather "don't lose money" means that over several years an investment portfolio should not be exposed to appreciable loss of principal.
The risk of an investment is described by both the probability and the potential amount of loss. The risk of an investment-the probability of an adverse outcome-is partly inherent in its very nature. A dollar spent on biotechnology research is a riskier investment than a dollar used to purchase utility equipment. The former has both a greater probability of loss and a greater percentage of the investment at stake.
Everybody says that it takes a loss to lose and I think it did take a loss for us to lose in a sense. But overall, when we win games here at Duke, and we don't play well, we might as well have lost the game.
If there is a God, He is infinitely incomprehensible, since, having, neither parts nor limits, He has no affinity to us. We are then incapable of knowing either what He is or if He is. [So] you must wager. Let us weigh the gain and the loss in wagering that God is. Let us estimate these two chances. If you gain, you gain all; if you lose, you lose nothing. Wager then without hesitation that he is.
Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who wouldn't give up on them.
Sometimes I think no matter how one is born, no matter how one acts, there is something out of gear with one somewhere, and that must be changed. Life at its best is a grand corrective.
Loss avoidance must be the cornerstone of your investment philosophy.
You have to always continue to strive no matter how hard things get, no matter how troubled you feel. No matter how tough things get, no matter how many times you lose, you keep trying to win.
'Live each day as if it is your last,' said Mahatma Gandhi. 'Learn as if you'll live forever.' This is what I'm passionate about. It is precisely this. It is this inextinguishable, undaunted appetite for learning and experience, no matter how risible, no matter how esoteric, no matter how seditious it might seem.
Pain does two things: It teaches you, tells you that you're alive. Then it passes away and leaves you changed. It leaves you wiser, sometimes. Sometimes it leaves you stronger. Either way, pain leaves its mark, and everything important that will ever happen to you in life is going to involve it in one degree or another.
When you're young, the loss that you experience when you break up with somebody, that's the loss of a relationship. And the older you get, you actually lose people to death and you lose those relationships, too.
No matter how difficult things are, and no matter how much grief and loss there is, you can turn it into something positive.
The simple process of eating and breathing weave all of us together into a vast four-dimensional array. No matter how isolated you may sometimes feel, no matter how lonely, you are never really cut off from the whole.
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