Profit And Loss Quotes & Sayings

Unfortunately, the mysterious gold does not come from the moon, but from the pocket of a blacksmith, or a nail-smith, or a cartwright, or a farrier, or a laborer, or a shipwright; in a word, from John Q. Citizen, who gives it now without receiving a grain more of iron than when he was paying ten francs. Thus, we can see at a glance that this very much alters the state of the case; for it is very evident that Mr. Protectionist's profit is compensated by John Q. Citizen's loss, and all that Mr. Protectionist can do with the pot of gold, for the encouragement of national labor, John Q. Citizen might have done himself. The stone has only been thrown upon one part of the lake, because the law has prevented it from being thrown upon another. — Frederic Bastiat

When we can drain the Ocean into mill-ponds, and bottle up the Force of Gravity, to be sold by retail, in gas jars; then may we hope to comprehend the infinitudes of man's soul under formulas of Profit and Loss; and rule over this too, as over a patent engine, by checks, and valves, and balances. — Thomas Carlyle

Difference between a lie and a story is that a story utilizes the trappings and appearance of truth for the interest of the listener as well as of the teller. A story has in it neither gain nor loss. But a lie is a device for profit or escape. I — John Steinbeck

But listen! Wherever you look there's meanness and corruption. This room, this bottle of grape wine, these fruits in the basket, are all products of profit and loss. A fellow can't live without giving his passive acceptance to meanness. Somebody wears his tail to a frazzle for every mouthful we eat and every stitch we wear - and nobody seems to know. Everybody is blind, dumb, and blunt-headed - stupid and mean.' Jake — Carson McCullers

When individual enterprise is free and unhampered, profit-and-loss calculations set precise limits to a businessman's temptations to expand his services ... a government valuable they may be, have no market price and, therefore, cannot be subjected to profit-and-loss accounting. — Hans F. Sennholz

The economic miracle that has been the United States was not produced by socialized enterprises, by government-unon-industry cartels or by centralized economic planning. It was produced by private enterprises in a profit-and-loss system. And losses were at least as important in weeding out failures, as profits in fostering successes. Let government succor failures, and we shall be headed for stagnation and decline. — Milton Friedman

Even if one incurs a loss, he should expose this fact to the other person. This way the intent the other person does, will dispel the [negative] atoms and one will, become lighter himself. Otherwise suffering alone increases the mental burden. — Dada Bhagwan

The public, as a whole, buys at the wrong time and sells at the wrong time. The average operator, when he sees two or three points profit, takes it; but, if a stock goes against him two or three points, he holds on waiting for the price to recover, with oftentimes, the result of seeing a loss of two or three points run into a loss of ten points. — Charles Dow

Every time the good giants try to cut back on salt, sugar, fat calories, inevitably Wall Street raises its hand and is looking at the sales figures and the revenue and saying, 'Thou shalt not result in any loss of profit.' There's huge continuing pressure on the food companies. — Michael Moss

If there is excitement in their lives, it is contained in the figures on the profit and loss sheet. What an indictment. — Anita Roddick

I am describing again an interrupted revolution, the so-called Sexual Revolution. We see now the organized system of production and sales manages to profit by the confusion of the interruption, whereas a finished revolution would be a dead loss, since good sexual satisfaction costs nothing, it needs only health and affection. — Paul Goodman

You as the leader should have a Function Accountability Chart (FAC) to help CEOs and managers to see clearly the person who is accountable for each role and key positions. It should also show the metrics or key performance indicators assigned for each of the main functions of the business. Each item on the Profit & Loss, and Balance Sheet should be assigned to specific people who are accountable for these roles. Each team should know their responsibilities, accountabilities and who they are answerable — Emily Goldstein

Greed has two teachers; one is a cheat [a crafty person] and the other one is financial loss. When one incurs loss; it will quickly destroy the tuber of greed. — Dada Bhagwan

The whole world reacts negatively to loss. What wrong has loss done? If you ask God if he has any profit or loss, then God would tell you, 'You are looking at it from an illusory viewpoint, you are seeing 'relative' and that is why you see everything as a profit or loss. I see through Real knowledge'. — Dada Bhagwan

Love is reckless; not reason. Reason seeks a profit. Loves comes on strong, consuming herself unabashed. Yet in the midst of suffering love proceeds like a millstone, hard surfaced and straight forward. Having died to self interest, she risks everything and asks for nothing. Love gambles away every gift God bestows. Without cause God gave us Being; without cause give it back again. Gambling yourself away is beyond any religion. Religion seeks grace and favor, but those who gamble these away are God's favorites, for they neither put God to the test nor knock at the door of gain and loss. — Rumi

It hurt the economic historians, the Marxists and the fabians, to admit that the Ten Hour Bill, the basic piece of 19th century legislation, came down from the top, out of aa nobleman's private feelings about the Gospel, or that the abolition of the slave trade was achieved, not through the operation of some "law" of profit and loss, but peurlet as the result of tyhe new humanitarianism of the Evangelicals. — Barbara Tuchman

[In] death at least there would be one profit; it would no longer be necessary to eat, to drink, to pay taxes, or to [offend] others; and as a man lies in his grave not one year, but hundreds and thousands of years, the profit was enormous. The life of man was, in short, a loss, and only his death a profit. — Anton Chekhov

The supplementary quantity of gold that streams from it into commerce goes at first to the owners of the mine and then by turns to those who have dealings with them. If we schematically divide the whole community into four groups, the mine-owners, the producers of luxury goods, the remaining producers, and the agriculturalists, the first two groups will be able to enjoy the benefits resulting from the reduction in the value of money, the former of them to a greater extent than the latter. But even as soon as we' reach the third group, the situation is altered. The profit obtained by this group as a result of the increased demands of the first two will already be offset to some. extent by the rise in the prices of luxury goods which will have experienced the full effect of the depreciation by the time it begins to affect other goods. Finally, for the fourth group, the whole process will result in nothing but loss. — Ludwig Von Mises

Instead of hoping he must fear and instead of fearing he must hope. He must fear that his loss may develop into a much bigger loss, and hope that his profit may become a big profit. — Jesse Lauriston Livermore

The great virtue of free enterprise is that it forces existing businesses to meet the test of the market continuously, to produce products that meet consumer demands at lowest cost, or else be driven from the market. It is a profit-and-loss system. Naturally, existing businesses generally prefer to keep out competitors in other ways. That is why the business community, despite its rhetoric, has so often been a major enemy of truly free enterprise. — Milton Friedman

Let me strive every moment of my life to make myself better and better, to the best of my ability, that all may profit by it.
Let me think of the right and lend all my assistance to those who need it, with no regard for anything but justice.
Let me take what comes with a smile, without loss of courage.
Let me be considerate of my country, of my fellow citizens and my associates in everything I say and do.
Let me do right to all, and wrong no man. — Kenneth Robeson

It is management's job to direct the efforts of all components toward the aim of the system. The first step is clarification: everyone in the organization must understand the aim of the system, and how to direct his efforts toward it. Everyone must understand the damage and loss to the whole organization from a team that seeks to become a selfish, independent, profit center. — W. Edwards Deming

The ninth circle was where Hell did its accountancy. The demons within were ruthlessly efficient. All they cared about were profit and cost-effectiveness. Everything was a debit or credit, a gain or a loss. Their ultimate goal was to reduce the universe to a calculation, a final heartless equation in which every soul, living and dead, divine and damned, would serve in the Glorious Ultimate Dividend. — A. Lee Martinez

Incidentally, conservatives are attempting to destroy this system via "tort reform," the capping of damages at levels so low that the attorneys could no longer afford to function as police and prosecutors and the whole system would break down. Their motivation is to make the market "free" from the loss of profit through lawsuits for harming or defrauding the public. THE — George Lakoff

In actual
fact, it is the State, i.e., the taxpayer who has become responsible
to private enterprise. In Fascist Italy the State pays for the
blunders of private enterprise Profit is private and individual.
Loss is public and social. — Gaetano Salvemini

I never advise friends to put money in anything,. said Danny. 'It's a no-win situation - if they make a profit they forget that it was you who recommended it, and if they make a loss they never stop reminding you. My only advise would be not to gamble what you can't afford, and never to risk an amount that might cause you to lose a night's sleep — Jeffrey Archer

We were always focused on our profit and loss statement. But cash flow was not a regularly discussed topic. It was as if we were driving along, watching only the speedometer, when in fact we were running out of gas. — Michael Dell

Knowing that it is the earth we tread, we learn to tread carefully, lest it be rent open. Realizing that it is the heavens that hang above us, we come to fear the echoing thunderbolt. The world demands that we battle with others for the sake of our own reputation, and so we undergo the sufferings bred of illusion. While we live in this world with its daily business, forced to walk the tightrope of profit and loss, true love is an empty thing, and the wealth before our eyes mere dust. — Soseki Natsume

It is worth pointing out that assuredly not more than one person out of a hundred who stayed in the market after after 1925 emerged from it with a net profit and that the speculative losses taken were appalling. — Benjamin Graham

Today's investor is so concerned with anticipating the future that he is already paying handsomely for it in advance. Thus what he has projected with so much study and care may actually happen and still not bring him any profit. If it should fail to materialize to the degree expected he may in fact be faced with serious temporary and perhaps even permanent loss. — Benjamin Graham

44. Abidement Bullshit money or basic freedoms: which is dearer? Contentment or competition: which is more valuable? Compensation or employment: which is more painful? Great coitus incurs great expense, And great wealth incurs fucking phoniness, But great abidement incurs no loss. Therefore: He who knows when to take it easy Can't be worried about that shit, And may long endure ups and downs, strikes and gutters. Tao Te Ching: 44. Contentment Fame or Self: which is dearer? Self or wealth: which is more valuable? Profit or loss: which is more painful? Great love incurs great expense, And great wealth incurs great theft, But great contentment incurs no loss. Therefore: He who knows when to stop Does not continue into danger, And may long endure. — The Church Of The Latter-Day Dude

In those meetings, I learned that even economic diagrams needn't be linear. Ours was a nest of concentric circles, and an enterprise was measured by its value to each circle, from the individual and family to the community and environment. I realized that Rebecca and her colleagues were trying to do nothing less than transform the System of National Accounts, the statistical framework here and in most countries for measuring economic activity. For instance, the value of a tree depends on its estimated value or sale price, but if it is sold and cut down, there is no accounting on the debit side of the ledger for loss of oxygen, seeding of other trees, or value to the community or the environment. This group was inventing a new way of measuring profit and loss.
By the end of our days together, I understood economics in a whole new way. A balance sheet really could be about balance. — Gloria Steinem

What is a price? It is a proposed point of agreement between a buyer and seller. The proposal is the key. It is not a marching order. Past prices represent deals done in history. Current prices represent possible deals in the future. Prices embed vast information about perceived realities: resource availability, consumer demand, cultural biases and habits, speculations about the future. The price is also an amazing tool. It provides an objective basis for accounting and the assessment of profit and loss. Without prices, real prices rooted in real market experience, we'd been lost. — Jeffrey Tucker

The objection to profit is as if a bystander, observing the planter digging his crop, should say: "You put in only one potato and you are taking out a dozen. You must have taken them away from someone else; those extra potatoes cannot be yours by right." If profit is denounced, it must be assumed that running at a loss is admirable. On the contrary, that is what requires justification. Profit is self-justifying. — Isabel Paterson

The Profit and Loss Statement tells you a lot about how your business is doing. It can also help you to determine ways that you can go about saving money so that you get to bring more money home! Basically, the P&L statement measures all of your income sources verses all your business expenses for any given period of time. — Darren L Johnson

Like-dislike, good-bad, profit-loss; who gave rise to all these dualities? The society did. As far as God is concerned, there is no duality. If there are grains of food on one side and excrement on the other, in God's eyes, they are both "material (matter)". What does God say about this? "All are materials! — Dada Bhagwan

For what will it profit men that a more prudent distribution and use of riches make it possible for them to gain even the whole world, if thereby they suffer the loss of their own souls? What will it profit to teach them sound principles in economics, if they permit themselves to be so swept away by selfishness, by unbridled and sordid greed, that hearing the commandments of the Lord, they do all things contrary. — Pope Pius XI

(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss — Peter Drucker

Why be elated by material profit?" Father replied. "The one who pursues a goal of evenmindedness is neither jubilant with gain nor depressed by loss. He knows that man arrives penniless in this world, and departs without a single rupee. — Paramahansa Yogananda

For what men say is that, if I am really just and am not also thought just profit there is none, but the pain and loss on the other hand are unmistakeable. — Plato

Profit is vitamin of the body and loss is vitamin of the Soul [The Self]. So where is a loss anywhere? — Dada Bhagwan

Most people do not erode their self-esteem over big issues but over small ones, little acts of betrayal and hypocrisy forgotten (repressed) very quickly. But the computer in your subconscious mind forgets nothing. It records your spiritual profit and loss. The balance sheet reflects your present level of self-esteem
and sends you the information via your emotions. — Nathaniel Branden

And yet, the right to profit, which is only an exaggeration of the right to labor, is still alive and flourishing. Ought not the protectionist to blush at the part he would make society play? He says to it, "You must give me work, and, more than that, lucrative work. I have foolishly fixed upon a trade by which I lose ten percent. If you impose a tax of twenty francs upon my countrymen, and give it to me, I shall be a gainer instead of a loser. Now, profit is my right; you owe it to me." Now, any society that would listen to this sophist, burden itself with taxes to satisfy him, and not perceive that the loss to which any trade is exposed is no less a loss when others are forced to make up for it - such a society, I say, would deserve the burden inflicted upon it. — Frederic Bastiat

There is no room at all for independent enterprise under any variety of State Socialism. Prices are to be regulated authoritatively; authority is to fix what is to be produced, and how, and in what quantities. There is to be no speculation, no 'excessive' profit, no loss. There is to be no innovation unless it be decreed by authority. The official is to direct and supervise everything. — Ludwig Von Mises

Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook. More than that, some speculation is necessary and unavoidable, for in many common-stock situations there are substantial possibilities of both profit and loss, and the risks therein must be assumed by someone.* There is intelligent speculation as there is intelligent investing. But there are many ways in which speculation may be unintelligent. Of these the foremost are: (1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose. — Benjamin Graham

I think the difference between a lie and a story is that a story utilizes the trappings and appearance of truth for the interest of the listener as well as of the teller. A story has in it neither gain nor loss. But a lie is a device for profit or escape. I suppose if that definition is strictly held to, then a writer of stories is a liar - if he is financially fortunate. — John Steinbeck

Do they think the same way we think - in terms of advantage and disadvantage, in terms of profit and loss, in terms of victory and defeat, in terms of what's in it for me?" MacDonald looked at White much, White thought, as he had been looking at the picture. He shook his head. "They seem very peaceful to me. All of us don't think in terms of advantage, of conflict. Increasingly, I think we become more uncompetitive. And birds always have been a symbol of peace. — James Edwin Gunn

Satan promises the best, but pays with the worst; he promises honor, and pays with disgrace; he promises pleasure, and pays with pain; he promises profit, and pays with loss, he promises life, and pays with death. But God pays as he promises; all his payments are made in pure gold. — Thomas Brooks

Knowing that it is the earth that we tread, we learn to tread carefully, lest it be rent open. Realizing that it is the heavens that hang above us, we come to fear the echoing thunderbolt. The world demands that we battle with others for the sake of our own reputation, and so we undergo the sufferings bred of illusion. While we live in this world with its daily business, forced to walk the tightrope of profit and loss, true love is an empty thing, and the wealth before our eyes mere dust. The reputation we grasp at, the glory that we seize, is surely like the honey that the cunning bee will seem sweetly to brew only to leave his sting within it as he flies. What we call pleasure in fact contains all suffering, since it arises from attachment. Only thanks to the existence of the poet and the painter are we able to imbibe the essence of this dualistic world, to taste the purity of its very bones and marrow. — Soseki Natsume

Money gained on Sabbath-day is a loss, I dare to say. No blessing can come with that which comes to us, on the devil's back, by our willful disobedience of God's law. The loss of health by neglect of rest, and the loss of soul by neglect of hearing the gospel, soon turn all seeming profit into real loss. — Charles Spurgeon

The consumers are asking for, they lose their office. Their task is service to the consumer. Profit and loss are the instruments by means of which the consumers keep a tight rein on all business activities. — Ludwig Von Mises

We're essentially continuing a system where profits are privatized and ... losses socialized, — Nouriel Roubini

And let no government imagine, that, to strip them of the power of defrauding their subjects, is to deprive them of a valuable privilege. A system of swindling can never be long lived, and must infallibly in the end produce much more loss than profit. — Jean-Baptiste Say

For what shall it profit a man, if he gain the whole world, and suffer the loss of his soul? — Jesus Christ

The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality. Their attitudes result either in profit or in loss for the enterpriser. They make poor men rich and rich men poor. They are no easy bosses. — Ludwig Von Mises

Do not tend to hire only people who see what you see. Such a tendency may lead to a decline in operating profit, and even bankruptcy. — Eraldo Banovac

I did precisely the wrong thing. The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold it out. Of all the speculative blunders there are few greater than trying to average a losing game. Always sell what shows you a loss and keep what shows you a profit. — Jesse Lauriston Livermore

The difference in the profit and loss is usually ... do not quit. — Walt Disney

Both the Pollyannas and the Cassandras are wrong, and both stand in the way of social justice, the former by condemning us all to catastrophic climate change and the loss of other vital ecosystem services for the sake of profit; the latter by condemning us all to a hair-shirted existence and refusal of further human development due to a romantic, unscientific belief in a static, unchanging balance of nature. — Leigh Phillips

She exclaimed, the innate respectability of the middle-class housewife rising impulsively to the surface through the acquired dilettantism of the 'light woman.'
People who enjoyed 'picking-up' things, who admired poetry, despised sordid calculations of profit and loss, and nourished ideals of honour and love, she placed in a class by themselves, superior to the rest of humanity. — Marcel Proust

Because they claim to be concerned with the welfare of whole societies, governments arrogate to themselves the right to pass off as mere abstract profit or loss the human unhappiness that their decisions provoke or their negligence permits. It is a duty of an international citizenship to always bring the testimony of people's suffering to the eyes and ears of governments, sufferings for which it's untrue that they are not responsible. The suffering of men must never be a mere silent residue of policy. It grounds an absolute right to stand up and speak to those who hold power. — Michel Foucault

Play, creativity, art, spontaneity, all these experiences are their own rewards and are blocked when we perform for reward or punishment, profit or loss. — Stephen Nachmanovitch

There is nothing you can do that profit does not enter into, and fear of loss, and wish for power. You cannot say good morning without knowing which of you is 'superior' to the other, or trying to prove it. You cannot act like a brother to other people, you must manipulate them, or command them, or obey them, or trick them. You cannot touch another person, yet they will not leave you alone. There is no freedom. — Ursula K. Le Guin

To understand what was in Ivan's mind, one has to think back to what the world was like before Machiavelli. The modern calculus of profit and loss probably meant nothing to Ivan. He never thought about realpolitik. His concerns were with tradition and posterity, history and fame, apocalypse and eternity. — Felipe Fernandez-Armesto

The value you get does not depend on what you have, but how much of it you bring to the market place. You don't get paid when you keep your gifts at home and go to the market empty handed! — Israelmore Ayivor

Dr Power stood up. "Because your staff are not components that can be fitted in, or replaced when they are unpredictable, or when they are simply being human. Because our patients are not playing a game called 'business' with profit and loss and winners and losers. Because patients have no choice, but to be patients and it's our privilege to be in a temporary position where we can help them. And, inevitably, when we ourselves fall ill; when we grow old, then we can only hope that we will receive the help we ourselves need in turn. Because that's the reality of life. And not some self-aggrandising game". - Dr Power, speaking in The Good Shepherd — Hugh Greene

We tend to think of prayer, in spite of ourselves, in terms of profit and loss. — Michel Quoist

Evidently there is no need for delay, no need for further study, if the government takes a loss and Wall Street makes a profit, but it is absolutely necessary to delay if homeowners might have a chance to cut their mortgages and stay in their homes. This is wrong, and it is time to fight back! — Elizabeth Warren

You can see the size of people's dreams from their profit and loss calculations — S.E. Sever

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

Alison into his arms and gently kissed her. She smiled as she looked up. Parker had everything loaded into Chuck's vehicle. Chuck roared with laughter. He walked back inside. "How the hell do you enter this into your profit and loss?" Alison giggled. "Gift!" Peter roared with laughter. They all walked outside. — Bridgitte Lesley

When television is good, nothing - not the theater, not the magazines or newspapers - nothing is better. But when television is bad, nothing is worse. I invite each of you to sit down in front of your television set when your station goes on the air and stay there for a day without a book, without a magazine, without a newspaper, without a profit and loss sheet or a rating book to distract you. Keep your eyes glued to that set until the station signs off. I can assure you that what you will observe is a vast wasteland. — Newton N. Minow

Between calculated risk and reckless decision-making lies the dividing line between profit and loss. — Charles Duhigg

Business has two 'children'. One is called 'loss' and the other 'profit'. No one likes the one called 'loss', but both are indeed there. They are born together. — Dada Bhagwan

For business owners, there are many important documents to learn to read. One of the most important is the profit and loss statement, known as the P&L, and the balance sheet. — Darren L Johnson

The [liberals] consider profits as objectionable. The very existence of profits is in their eyes a proof that wage rates could be raised without harm to anybody. They speak of profit without dealing with loss. Profit and loss are the instruments by means of which the consumers keep a tight rein on all business activities. A profitable enterprise tends to expand; an unprofitable one tends to shrink. The elimination of profit renders production rigid and abolishes the consumer's control. — Ludwig Von Mises

Thou wilt be quickly deceived if thou lookest only upon the outward appearance of men, for if thou seekest thy comfort and profit in others, thou shalt too often experience loss. If thou seekest Jesus in all things thou shalt verily find Jesus, but if thou seekest thyself thou shalt also find thyself, but to thine own hurt. For if a man seeketh not Jesus he is more hurtful to himself than all the world and all his adversaries. — Thomas A Kempis

Wherever you look there's meanness and corruption. This room, this bottle of grape wine, these fruits in the basket, are all products of profit and loss. A fellow can't live without giving his passive acceptance to meanness. Somebody wears his tail to a frazzle for every mouthful we eat and every stitch we wear - and nobody seems to know. Everybody is blind, dumb, and blunt-headed - stupid and mean. — Carson McCullers

Would it not be prudent to get our civilization tools together, and see how much stock is left on hand in the way of Glass Beads and Theology, and Maxim Guns and Hymn Books, and Trade Gin and Torches of Progress and Enlightenment (patent adjustable ones, good to fire villages with, upon occasion), and balance the books, and arrive at the profit and loss, so that we may intelligently decide whether to continue the business or sellout the property and start a new Civilization Scheme on the proceeds. — Mark Twain