A Quote by Martin Zweig

Success means making profits and avoiding losses. — © Martin Zweig
Success means making profits and avoiding losses.
It is a socialist idea that making profits is a vice; I consider the real vice is making losses.
Setbacks and losses are both inevitable and essential if you're going to improve and become a good, even great, competitor. The art is in avoiding catastrophic losses in the key battles.
In many ways, large profits are even more insidious than large losses in terms of emotional destabilization. I think it's important not to be emotionally attached to large profits. I've certainly made some of my worst trades after long periods of winning. When you're on a big winning streak, there's a temptation to think that you're doing something special, which will allow you to continue to propel yourself upward. You start to think that you can afford to make shoddy decisions. You can imagine what happens next. As a general rule, losses make you strong and profits make you weak.
Large profits are even more insidious than large losses in terms of emotional destabilization. I think it's important not to be emotionally attached to large profits. I've certainly made some of my worst investments after long periods of winning.
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.
The successful entrepreneurs on the free market will be the ones most adept at anticipating future business conditions. Yet, the forecasting can never be perfect, and entrepreneurs will continue to differ in the success of their judgments. If this were not so, no profits or losses would ever be made in business.
In a crisis, stocks of financial companies are great investments, because the tide is bound to turn. Massive losses on bad loans and soured investments are irrelevant to value; improving trends and future prospects are what matter, regardless of whether profits will have to be used to cover loan losses and equity shortfalls for years to come.
There are more ways than one to measure profits and losses.
We're essentially continuing a system where profits are privatized and...losses socialized.
It is not about bits, bytes and protocols, but profits, losses and margins.
Bombieri's Law: of Finance: Profits are on paper, losses are in cash
Avoiding life, avoiding making any concrete plans for your life-that's just one way you're pretending you can keep bad things from happening to you again.
Success? I don't know what that word means. I'm happy. But success, that goes back to what in somebody's eyes success means. For me, success is inner peace. That's a good day for me.
One common adage...that is completely wrongheaded is: You can't go broke taking profits. That's precisely how many traders do go broke. While amateurs go broke by taking large losses, professionals go broke by taking small profits.
There is always risk involved. You can't be a capitalist only when there are investment profits but then a socialist when you experience losses.
The old way of doing 'good business' was based on the principle, 'the ends justifies the means.' In the future, good business will invoke 'the means justifying the ends.' The E P&L can already serve as an important tool to help this shift in commerce from generating profits with collateral damages to profits with collateral benefits.
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