A Quote by Gerald M. Loeb

Knowledge born from actual experience is the answer to why one profits; lack of it is the reason one loses

Gerald M. Loeb

Quote Topics

Actual Answer Born Experience Knowledge Lack Loses Profits Reason Why

Quote Author

Gerald M. Loeb
Author
1899 - April 13, 1974

Experience is the main reason why we're here, I think, in the world to gain experience and from our experience we gain knowledge. Oh, I think so, anyway. Knowledge and if we get any knowledge then we gain liberation.

George Harrison

Experience is knowledge; but knowledge, when it is sought only as a material resource, is not always a blessing. Experience is wisdom; but wisdom, with those who lack vision, is not always power. Experience is tolerance; but tolerance, when it is induced by apathy, is not in the least a virtue.

Ameen Rihani

I think there is a good reason why the propaganda system works that way. It recognizes that the public will not support the actual policies. Therefore it is important to prevent any knowledge or understanding of them.

Noam Chomsky

But to me all sciences seem vain and full of error that are not born of experience, mother of all certainty, and do not terminate in an actual experience.

Leonardo da Vinci

The reason many people fail is not for lack of vision but for lack of resolve and resolve is born out of counting the cost.

Robert H. Goddard

The danger of tautological propositions is considerable in discussions of the concept of normal profits. Because supernormal profits seem to invite newcomers to an industry and sub-normal profits seem to drive away those who are in an industry, some writers are inclined to define normal profits as the earnings of the fixed resources in an industry which neither grows nor declines in size or number of firms. It should be clear that such a definition is useless: it muddles together attractiveness and actual afflux, desirbility of entry and ease of entry, zero profits and monopoly rents.

Fritz Machlup

The Christian's instincts of trust and worship are stimulated very powerfully by knowledge of the greatness of God. But this is knowledge which Christians today largely lack: and that is one reason why our faith is so feeble and our worship so flabby... When a person in the church, let alone the person in the street, uses the word God, the thought is rarely of divine majesty.

J. I. Packer

He who loses wealth loses much; he who loses a friend loses more; but he that loses his courage loses all.

Miguel de Cervantes

There is no reason why capitalists and entrepreneurs should be ashamed of earning profits.

Ludwig von Mises

The senses are a kind of reason. Taste, touch and smell, hearing and seeing, are not merely a means to sensation, enjoyable or otherwise, but they are also a means to knowledge - and are, indeed, your only actual means to knowledge.

Joseph Campbell

Why don't these companies making big profits just pay people better than $14 an hour? It's kind of simple. When you're making record profits, why not? I don't get it.

Mika Brzezinski

As I talk about strengths and weaknesses in academic economics, one interesting fact you are entitled to know is that I never took a course in economics. And with this striking lack of credentials, you may wonder why I have the chutzpah to be up here giving this talk. The answer is I have a black belt in chutzpah. I was born with it.

Charlie Munger

Why can't reason give greater answers? Why can we throw a question further than we can pull in an answer? Why such a vast net if there's so little fish to catch?

Yann Martel

When a free man dies, he loses the pleasure of life. A slave loses his pain. Death is the only freedom a slave knows. That's why he's not afraid of it. That's why we'll win.

Spartacus

The reason why the romantic love relationship is such an intense and universally sought-after experience is that it seems to offer liberation from a deep-seated state of fear, need, lack, and incompleteness that is part of the human condition in its unredeemed and unenlightened state.