A Quote by Mark Victor Hansen

Every liability is just an asset in hiding. — © Mark Victor Hansen
Every liability is just an asset in hiding.
Rule One. You must know the difference between an asset and a liability, and buy assets. An asset is something that puts money in my pocket. A liability is something that takes money out of my pocket.
My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.
Rule One. You must know the difference between an asset and a liability, and buy assets. If you want to be rich, this is all you need to know. It is Rule No. 1. It is the only rule. This may sound absurdly simple, but most people have no idea how profound this rule is. Most people struggle financially because they do not know the difference between an asset and a liability.
I feel that as long as I'm an asset and not a liability I'm still loving the game as much as I ever have.
If [Vladimir] Putin likes Donald Trump, guess what, folks, that`s called an asset, not a liability.
If Putin likes Donald Trump, I consider that an asset, not a liability, because we have a horrible relationship with Russia.
For we must be one thing or the other, an asset or a liability, the sinew in your wing to help you soar, or the chain to bind you to earth.
Consider the idea that charisma can be as much a liability as an asset. Your strength of personality can sow the seeds of problems, when people filter the brutal facts from you.
Debt is one person's liability, but another person's asset.
I find so many people struggling, often working harder, simply because they cling to old ideas. They want things to be the way they were; they resist change. I know people who are losing their jobs or their houses, and they blame technology or the economy or their boss. Sadly they fail to realize that they might be the problem. Old ideas are their biggest liability. It is a liability simply because they fail to realize that while that idea or way of doing something was an asset yesterday, yesterday is gone.
When Gordon Brown becomes prime minister, the balance sheet that reflects his economic stewardship could look very sickly indeed. He could become Labour's biggest liability, not its most marketable asset.
If you can't sell your product, it goes from being an asset to a liability. Learn to sell, partner with someone who can sell, or learn to be poor.
I got really paranoid, burning every song onto three CDs and hiding them in various places around the house just in case I got burgled and there was, y'know, a fire in my bedroom. I told friends where I was hiding them in case I was killed.
Beauty is an asset, just like physical prowess, charisma, brains or emotional intelligence. The key with any gift is in the way that you use it. It doesn't define you as a person. Rather, it's an asset to be used judiciously and with an understanding of how it is just a small part of who you are.
Your attitude is either your best friend or your worst enemy, your greatest asset or your greatest liability
This is probably an asset that my wife hates, where you compartmentalize. Most times, I think it's an asset, where you can just sort of feel like you chop off one part of your brain to do the next thing that you've got to do.
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