A Quote by Felix Dennis

For a start, the salary begins to have an attraction and addictiveness all of its own. A regular paycheck and crack cocaine have that in common. In addition, and more to the point, working too long for other people can blunt your desire to take risks. This last factor is crucial, because the ability to live with and embrace risk is what sets apart the financial winners and losers in the world.
Every trader has strengths and weakness. Some are good holders of winners, but may hold their losers a little too long. Others may cut their winners a little short, but are quick to take their losses. As long as you stick to your own style, you get the good and bad in your own approach.
It has been hard for me in a sense because from an industry point of view - I don't care if I'm from the 'X Factor;' I embrace the fact that I'm from the 'X Factor,' but other people don't embrace that.
This is a war universe. War all the time. That is its nature. There may be other universes based on all sorts of other principles, but ours seems to be based on war and games. All games are basically hostile. Winners and losers. We see them all around us: the winners and the losers. The losers can oftentimes become winners, and the winners can very easily become losers.
Have the courage of your own convictions and don't be swayed by friends who boast about their financial home runs. Last year's winners are often this year's losers.
When large companies take on risk, then they impose risks on the rest of the system. And these are systemic risks and these systemic risks we never used to think were really that important, but as soon as we recognize how the financial sector - the risks the financial sector takes on can impact the entire global economy, we realize that those risks needed to be controlled for the social good.
The culture war is between the winners and those who think they're losers who want to become winners. The losers think the only way they can become winners is by banding together all the losers and them empowering a leader of the losers to make things right for them.
So winners, Hae-Joo proposed, are the real losers because they learn nothing? What, then, are losers? Winners?
Embrace what you have in common, celebrate what sets you apart.
In a capitalistic society the losers slaved for the winners and you have to have more losers than winners.
Perhaps the most important rule is to hold on to your winners and cut your losers. Both are equally important. If you don’t stay with your winners, you are not going to be able to pay for the losers.
For some reason, politically there's a distinction between cocaine and crack. Cocaine is not a felony conviction because it's used by middle class and wealthy people. Crack, which is used by people in South Central, carries a felony conviction.
Congressman Frank and Senator Dodd wanted the government to push financial institutions to lend to people they would not lend to otherwise, because of the risk of default. ... The idea that politicians can assess risks better than people who have spent their whole careers assessing risks should have been so obviously absurd that no one would take it seriously.
The risk of working with people you don't respect; the risk of working for a company whose values are incosistent with your own; the risk of compromising what's important; the risk of doing something that fails to express-or even contradicts--who you are. And then there is the most dangerous risk of all--the risk of spending your life not doing what you want on the bet that you can buy yourself the freedom to do it later.
Nothing other people do is because of you. It is because of themselves. All people live in their own dream, in their own mind; they are in a completely different world from the one we live in. When we take something personally, we make the assumption that they know what is in our world, and we try to impose our world on their world.
I have to tell you, I live paycheck to paycheck like most Americans. It's very difficult for me to say, 'Hey, I can give up my paycheck,' because the reality is, I have financial obligations that I have to meet on a month-to-month basis that doesn't make it possible for me.
In this world, whenever there is light, there are also shadows. As long as the concept of winners exist, there must also be losers. The selfish desire of wanting to maintain peace causes wars and hatred is born to protect love.
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