Bad Investments Quotes & Sayings

I was shocked to have to admit to myself that not only had I accepted a complex theory somewhat uncritically, but that I had also actually noticed quite a bit of what was wrong, in the theory as well as in the practice of communism. But I had repressed this -partly out of loyalty to my friends, partly out of loyalty to "the cause", and partly because there is a mechanism of getting oneself more and more deeply involved: once one has sacrificed one's intellectual conscience over a minor point one doesn't wish to give in too easily; one wishes to justify the self-sacrifice by convincing oneself of the fundamental goodness of the cause, which is seen to outweigh any little moral or intellectual compromise that maybe required. With every such moral or intellectual sacrifice one gets more deeply involved. One becomes ready to back one's moral or intellectual investments in the cause with further investments. It's like being eager to throw good money after bad. — Karl R. Popper

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. — Seth Klarman

By early 2009 the risks and losses associated with more than a trillion dollars' worth of bad investments were transferred from big Wall Street firms to the U.S. taxpayer. — Michael Lewis

There is order in the universe, even though it looks like chaos. We separate the world into categories: this is good and this is bad. But life is set up to trick us. It's a series of illusions we invest in. And ultimately those investments don't serve our understanding, because physicality is always going to let you down, because physicality doesn't last. — Madonna Ciccone

He was not a bad man, he was a good husband and father, but constant worry about his investments, about the money he earned, about the inevitable expenses that came with being a man of property had worn his nerves to a frazzle so that he was in a constant state of irritation — Mario Puzo

It is unwise to trust your own judgment. "He who trusts in himself is a fool, but he who lives by wisdom will escape" (CJB, Proverbs 28:26). Many people have made bad financial investments because they based their decisions on their own judgment and pride. The Tanakh warns, "Pride goes before destruction, and arrogance before failure" (CJB, Proverbs 16:18). "Before being ruined, a person's heart is proud" (CJB, Proverbs 18:12). The — H.W. Charles

In real life our behavior is far more complex than the textbook allows and often confounds the idea that we're purely rational. We don't save enough for retirement even though it's to our clear economic advantage to do so. We hang on to bad investments longer than we should, because we feel far sharper pain from losing money than we do from gaining the exact same amount. — Anonymous

Friendship is like an investment; the best type yields the best profit for you! It's not just about making friends; it's about making right friends for the right reasons! — Israelmore Ayivor

The sequestration is a bad idea, all around. It is something that is out of the question. If you have spending cuts, education of our children, other investments, on the National Institutes of Health, where you are hindering growth, you're no going to reduce the deficit. — Nancy Pelosi

I am persuaded to think that any climate change is bad because of the investments and adaptations that have been made by human beings and all of the things that support human existence upon this globe. Even minor fluctuations of climate could change the distribution of fish, ... upset agriculture, ... and inundate costal cities ... ... Such changes could occur at a faster rate perhaps than human society can evolve. — Fred Singer

Some investments do have higher expected returns than others. Which ones? Well, by and large they're the ones that will do the worst in bad times. — William Forsyth Sharpe

I have been rich, and I have been broke. Some of it is my fault for choosing bad management and making bad investments. But that is life - we all take risks. — Ronnie Wood

The lobby of the Nelson Hotel always smells of the river
it's in the pores of the place
but this evening the smell is heavier than usual. It's a smell that makes us think of bad ideas, blown investments, forged checks, deteriorating health, stolen office supplies, unpaid alimony, empty promises, skin tumors, lost ambition, abandoned sample cases filled with cheap novelties, dead hope, dead skin, and fallen arches.
This is the kind of place you don't come to unless you've been here before and all your other options are pretty much foreclosed. It's a place where men who left their families two decades before now lie on narrow beds with pee-stained mattresses, coughing and smoking cigarettes. — Stephen King

Debt certainly isn't always a bad thing. A mortgage can help you afford a home. Student loans can be a necessity in getting a good job. Both are investments worth making, and both come with fairly low interest rates. — Jean Chatzky

Lawsuits against reverse mortgage companies, including the nation's largest, Financial Freedom Senior Funding, contend that those firms helped pressure older Americans into bad investments. — Charles Duhigg

Any pension fund manager who doesn't have the vast majority-and I mean 70% or 80% of his or her portfolio-in passive investments is guilty of malfeasance, nonfeasance or some other kind of bad feasance! — Merton Miller