Accept Your Losses Quotes & Sayings

Do not accept principal risk while investing short-term cash: the greedy effort to earn a few extra basis points of yield inevitably leads to the incurrence of greater risk, which increases the likelihood of losses and severe illiquidity at precisely the moment when cash is needed to cover expenses, to meet commitments, or to make compelling long-term investments. — Seth Klarman

It is true that when we take chances, we stand to lose. But it is also true that we will never win anything if we never even enter the game. Lucky people are aware of the possibility of losing, and indeed they may lose often. But since the chances they take are small, the losses tend to be small. By being willing to accept small losses they put themselves in position to make large gains. — Max Gunther

The truth is that no one can keep you captive. No one can keep you unhappy. No one can keep you abused. Our lives rise to the level we accept. I do believe we can rise from the screaming blood of our losses, of extreme pain, physically debilitating emotion, psychological neglect, and apathy, and not merely survive, but thrive. We do not need to let our histories or our losses define us except in the way we choose. We can use them as fuel to create real depth, beauty, connectedness, and compassion in our lives. Our stories can make us exceptional people, not damaged ones. If we choose to be truthful with ourselves. And if we choose to digest and release the pain rather than try to avoid it. This is how pain accumulates and creates more pain, leading to neurosis, pathology, and brittleness of spirit. — Jewel

We cannot let go of the past enough to live in the present unless we are able to grieve our losses. We must deeply feel our emotional pain in order to accept that what is happening is not what we wanted. pg 155 — John Kuypers

You've got to realize that in any competition there is always a winner and loser. When it turns out that you're the loser on a given day, you can be a graceful loser, but it doesn't mean that you're a loser in the sense that you're willing to accept losses readily. Concede that on that day you weren't the best and that you were beaten in competition. But that should make you more dedicated and hard working. It's wrong to accept defeat as a loser. Be graceful about losing, but don't accept it. — Nolan Ryan

I am proud of the fact that the U.K. is an open trading country. I welcome inward investment such as that of Nissan, and the takeover of struggling British companies by foreign companies who turn them around, as in the case of Jaguar Land Rover. I also accept that job losses sometimes have to occur to restore failing companies to health. — David Sainsbury, Baron Sainsbury Of Turville

Wardrobing is buying an item of clothing, wearing it for a while, and then returning it in such a state that the store has to accept it but can no longer resell it. By engaging in wardrobing, consumers are not directly stealing money from the company; instead, it is a dance of buying and returning, with many unclear transactions involved. But there is at least one clear consequence - the clothing industry estimates that its annual losses from wardrobing are about $16 billion (about the same amount as the estimated annual loss from home burglaries and automobile theft combined). — Dan Ariely

The next time you are filled with worry, try Carrier's strategy: 1. Define the worst case. Ask yourself honestly, What's the worst thing that can happen? Once you do that, you'll find that your imagination is getting the best of you. The reality is usually not that bad, once you clearly define it. It has the most power when it remains a mystery. 2. Accept it as survivable. Act as if the situation were a foregone conclusion, and let it go as a lesson to be learned. At the very least, admit that there will be some negative repercussions, regardless of your best efforts. 3. Make a goal out of beating the worst-case scenario. Develop a set of responses that can help you trim your losses and mitigate damages. — Tim Sanders

Competition is the final price determinant and competitive prices may result in profits which force you to accept a rate of return less than you hoped for, or for that matter to accept temporary losses. — Alfred P. Sloan

The greatest loss lies in our inability to accept loss. — Craig D. Lounsbrough

Even recovery brings losses, more changes we must struggle to accept. — Melody Beattie

A person who has not made peace with his losses is likely to accept gambles that would be unacceptable to him otherwise. — Daniel Kahneman

If we always take the path of least resistance, if we embrace inertia, if we never leap, if we never accept accountability for our choices, how can we find any triumph in our victories or any remorse in our losses? — Allison Winn Scotch

People who succeed in the stock market also accept periodic losses, setbacks, and unexpected occurrences. Calamitous drops do not scare them out of the game. — Peter Lynch