A Quote by Ludwig von Mises
In a game there are winners and losers. But a business deal is always advantageous for both parties. If both the buyer and the seller were not to consider the transaction as the most advantageous action they could choose under the prevailing conditions, they would not enter into the deal.
Related Quotes
Sex without love is like a goddamn business transaction. And sometimes both parties feel as if they got a good deal, but that doesn't make it any less so.
. . . by natural selection our mind has adapted itself to the conditions of the external world. It has adopted the geometry most advantageous to the species or, in other words, the most convenient. Geometry is not true, it is advantageous.
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.
There are two parties involved in every corrupt transaction, typically a government official and a business person. Yet those who pay bribes are often depicted as innocent victims ... The reality is that both parties conspire to defraud the public.
Do you want a successful career or a close relationship with your family? Both! Do you want a focus on business or have fun and play? Both! Do you want money or meaning in your life? Both! Do you want to earn a fortune or do the work you love? Both! Poor people always choose one, rich people choose both.
I walked into Relativity Records as a musician who could not be taken advantage of. That's why I wound up owning all my own publishing and making a deal that was quite advantageous for a new solo artist. But I really didn't think of myself as an entrepreneur.
Paul (McCartney) and I made a deal when we were 15. There was never a legal deal between us, just a deal we made when we decided to write together that we put both our names on it, no matter what.
A political movement must keep in touch with reality and the prevailing conditions. Long speeches, the shaking of fists, the banging of tables, and strongly worded resolutions out of touch with the objective conditions do not bring about mass action and can do a great deal of harm to the organization and the struggle we serve.
When making a decision of minor importance, I have always found it advantageous to consider all the pros and cons.
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.
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.
What separates the winners from the losers is that they can deal with doing their best while still coming up short.
The guys that go into the Hall of Fame are the winners, and the losers are the ones who put them in there, and I would like to see some of the great losers through the years be in the Hall of Fame. I know that that's probably impossible, but you've got to give those losers credit, they made the winners.
We're shaking up a format, which I think is always a good thing. The thing about [2011 Oscar hosts] James [Franco] and Anne [Hathaway] is, they've both hosted Saturday Night Live, and they both did a good job at it. So they are accustomed to working with short rehearsal time, and live, lots of pressure, rewrites, things like that. They can make quick changes, which is very advantageous, and they're skilled comedians.
I view derivatives as time bombs, both for the parties that deal in them and the economic system.
First there are those who are winners, and know they are winners. Then there are the losers who know they are losers. Then there are those who are not winners, but don't know it. They're the ones for me. They never quit trying. They're the soul of our game.
Related Authors
Adam Smith Quotes
Scottish
Economist
Alan Greenspan Quotes
American
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Kenneth Galbraith Quotes
American
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Craig Roberts Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist