A Quote by Steve Pavlina
Embrace opportunities with limited downside, unlimited upside. The best deals are those where your risk of loss is predictable and fixed if things go wrong, while your potential gains are enormous if things go right. Take such deals whenever you can get them if the odds of success are halfway decent.
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What Donald Trump has been concerned about, what he`s talked about, is when we get deals that don`t level the playing field, when we get deals that aren`t the kinds of best deals we can get, we want good deals, and those are free trade deals to lower the barriers between trade between two countries.
Sometimes you have to wait for the right deal. They all seem good, at least at first, and they may make you some quick money. But when the right deal comes, and it fits into your [overall] plan, it's just overwhelming success. Sometimes, with the long-term deals, you have to take a risk if you're going to get a reward. It's exactly like fighting. Sometimes you have to take chances to get that huge win.
For all your long-term investments, such as retirement accounts that you won't touch for at least ten years, you need a mix of stocks and bonds. Stocks offer the best shot at inflation-beating gains. But stocks don't always go up. That's where bonds come into play: They have less upside potential, but they also do not pack the same risk.
I love life. I think it's fantastic. Sometimes it deals hard things, and when it deals great things, you have to seize them.
I have certain things that I stand for, certain things that I believe in, and if you don't like it and you tell me to go to hell, I think that's your God-given right as a fan. It's one of those deals where I'm that one guy who is outside of that realm of good guy, bad guy. I'm just me, and it elicits a response both positive and negative.
We've had to deal with so many complications. We're still dealing with them. And what can we do? Nothing - well, unless we take your side's point of view and make deals with the devil. But why? Why can't we make deals with God? People do all the time. 'God, if you do this for me, I promise to be good.' Stuff like that. Yeah, but I don't see any contracts like you guys have. No hard evidence that it works. How come we can only get things we want by being bad? Why can't we get them by being good?
Progress is the product of human agency. Things get better because we make them better. Things go wrong when we get too comfortable, when we fail to take risks or seize opportunities.
Brexit has shrunk the market opportunities. Exiting trade deals will do the same for the U.S. Those deals must be actively shaped and governed to make growth more inclusive.
No matter how bad things get, eventually the sun is going to shine. If you just keep at it, pursuing your goals, eventually good things happen to decent people. For a person who is set on his goals, good things will happen. Everyone deals with adversity, it's how you bounce back from it.
If your child's going to ride in a car or go swimming or play soccer, all of those things involve risk. And if your child doesn't do any of those things, then they're probably sitting too much, and that involves risk, too.
Things come up from the outside, the outside world says, okay, you have do this, you have to go here and here and here, and these are your options. You can be here or you can be here. You can do this, or you can do this. You can go here, or you can go there. So each one of those things becomes a place of decision, and the way we make decisions is that we all get together and if somebody doesn't feel right about it or it doesn't seem to sit right, usually we'll go with the no vote. If somebody's not comfortable with it, we'll figure it's not going to be worth doing.
So one way to create an attractive risk/reward situation is to limit downside risk severely by investing in situations that have a large margin of safety. The upside, while still difficult to quantify, will usually take care of itself. In other words, look down, not up, when making your initial investment decision. If you don’t lose money, most of the remaining alternatives are good ones.
Whenever I get the sort of fancy pants idea that I'm doing anything other than pure expression things start to go wrong. When I get too premeditated, things start to go wrong. I just shut that part of my brain off.
Deals are my art form. Other people paint beautifully on canvas or write wonderful poetry. I like making deals, preferably big deals. That's how I get my kicks.
It's impossible to get to a billion dollars by endorsement deals. The biggest deals only take you so far. It's how you make money when you're asleep that's going to get you there.
Physical changes take place continuously, while chemical changes take place discontinuously. Physics deals chiefly with continuous varying quantities, while chemistry deals chiefly with whole numbers.
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