Take Your Losses Quotes & Sayings

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

A good portfolio manager knows which companies to keep and which ones to let go. Many a GP has struggled with portfolio companies that cannot meet their value-creation milestones, or raise additional follow-on rounds of capital, or generate target returns in a time span of, say, five to seven years. The faster you recognize those losses, the better it is."
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"As David Cowan says, "Just focus on your top five - the rest is distraction." The harder part of the investor's discipline is to know when to quit."
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"You have to constantly scan all of those things and be willing to adjust your own sense of what's a reasonable outcome and move the company into a position where it has the maximum chance to succeed. "
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"Time is your enemy: Portfolio companies always take twice as much capital and twice as long to exit. Early-stage companies rarely meet milestones as planned and always burn cash faster than anticipated. — Mahendra Ramsinghani

We are so accustomed to the miracle of private enterprise that we habitually take it for granted. But how does private industry solve the incredibly complex problem of turning out tens of thousands of different goods and services in the proportions in which they are wanted by the public? ... It solves these problems through the institutions of private property, competition, the free market, and the existence of money - through the interrelations of supply and demand, costs and prices, profits and losses. — Henry Hazlitt

My face set to a grim and determined expression. I speak in all modesty as I say this, but I discovered at that moment that I have a fierce will to live. It's not something evident, in my experience. Some of us give up on life with only a resigned sigh. Others fight a little, then lose hope. Still others - and I am one of those - never give up. We fight and fight and fight. We fight no matter the cost of battle, the losses we take, the improbability of success. We fight to the every end. It's not a question of courage. It's something constitutional, an inability to let go. It may be nothing more than life-hungry stupidity. — Yann Martel

Take your duty, and be strong in it, as God will make you strong. The harder it is, the stronger in fact you will be. Understand, also, that the great question here is, not what you will get, but what you will become. The greatest wealth you can ever get will be in yourself. Take your burdens and troubles and losses and wrongs, if come they must and will, as your opportunity, knowing that God has girded you for greater things than these. — Horace Bushnell

If we didn't have greed, market economies wouldn't be as innovative as they are. But in my view, greed has to be contained by the fear of losses, so there has to be a system where, if you take too much risk, you go into bankruptcy. You don't systematically bail out people who take excessive risks. — Nouriel Roubini

To choose, to take, with clear judgement and open eyes; to count the cost and pay it; to regret nothing; to go forward, cutting losses, refusing to complain, accepting complete responsibility for their own decisions - this was the code which she attempted to impress upon the children who came under her influence - the code on which she set herself to act. — Winifred Holtby

I'd suffered many losses in recent years after my father mother uncle aunt and cousin had all passed away. In her final years my mother often lamented that there was no one alive who had known her as a girl and I was starting to understand how spooked she'd felt. I wasn't sure I could take any more abandonments. One succumbs so easily to mind spasms, worry spasms. [p. 95] — Diane Ackerman

You have to temper the iron. Every hardship is an opportunity that you are given, an opportunity to grow. To grow is the sole purpose of existence on this planet Earth. You will not grow if you sit in a beautiful flower garden, but you will grow if you are sick, if you are in pain, if you experience losses, and if you do not put your head in the sand, but take the pain as a gift to you with a very, very specific purpose. — Elisabeth Kubler-Ross

If you give pain to someone out there, you will start to feel the pain within you! Such is the science of the Vitraags [the enlightened ones]. If you take everyone's pain for one lifetime, it will make up for losses of infinite lifetimes! — Dada Bhagwan

When forecasting the outcomes of risky projects, executives too easily fall victim to the planning fallacy. In its grip, they make decisions based on delusional optimism rather than on a rational weighting of gains, losses, and probabilities. They overestimate benefits and underestimate costs. They spin scenarios of success while overlooking the potential for mistakes and miscalculations. As a result, they pursue initiatives that are unlikely to come in on budget or on time or to deliver the expected returns - or even to be completed. In this view, people often (but not always) take on risky projects because they are overly optimistic about the odds they face. I will return to this idea several times in this book - it probably contributes to an explanation of why people litigate, why they start wars, and why they open small businesses. — Daniel Kahneman

In short, I will preach it [the Word], teach it, write it, but I will constrain no man by force, for faith must come freely without compulsion. Take myself as an example. I opposed indulgences and all the papists, but never with force. I simply taught, preached, and wrote God's Word; otherwise I did nothing. And while I slept, or drank Wittenberg beer with my friends Philip and Amsdorf, the Word so greatly weakened the papacy that no prince or emperor ever inflicted such losses upon it. I did nothing; the Word did everything. — Martin Luther

TIMON
Commend me to them,
And tell them that, to ease them of their griefs,
Their fears of hostile strokes, their aches, losses,
Their pangs of love, with other incident throes
That nature's fragile vessel doth sustain
In life's uncertain voyage, I will some kindness do them:
I'll teach them to prevent wild Alcibiades' wrath.
First Senator
I like this well; he will return again.
TIMON
I have a tree, which grows here in my close,
That mine own use invites me to cut down,
And shortly must I fell it: tell my friends,
Tell Athens, in the sequence of degree
From high to low throughout, that whoso please
To stop affliction, let him take his haste,
Come hither, ere my tree hath felt the axe,
And hang himself. I pray you, do my greeting. — William Shakespeare

In September 2008, the two largest housing mortgage companies called Fannie Mae and Freddie Mac, which were government-sponsored enterprises, which hold hundreds of billions of dollars of mortgages, because of the losses they took on the mortgages, they essentially became insolvent, and the government had to take them over. — Ben Bernanke

Learn to take losses quickly and cleanly. There is something about inside information which seems to paralyze a man's reasoning powers. Beware of barbers, beauticians, waiters - or anyone - bringing gifts of 'inside' information or tips. Don't try to be a jack of all investment. Stick to the field you know best. — Bernard Baruch

I hope that you choose ultimately to follow your heart, and learn that whatever your plans, your goals, your dreams, life will take you in directions you haven't even dreamed of. Be open to the path not chosen, the door unopened, welcome your fear, and the choices that allow you that fear ... Through all the changes, through all the disappointments, the unexpected turns, the victories, and the pain, the losses that you will experience, there will always be a constant, along with your breath, there will always be one thing that you will know, that you have the ability to choose your heart. — Paul Michael Glaser

Whenever I take a position, I like to imagine what it would be like under the worst-case scenario. In doing so, I minimize the confusion if that situation actually develops. In my view, losses are a very important part of trading. When a loss happens, I believe in embracing it. — Gil Blake

I have suffered great losses and have been blessed with great consolations, but whatever life may give me or take away, this is the simple wisdom that will always light my life: I have loved, passionately, fearlessly, with all my heart and all my soul, and I have been loved in return. For me, this is enough. — Nando Parrado

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

Growth should take care of the fear of job losses. People will be challenged to do different things. For people who are not up to it, purely based on objective assessment, that's a different issue, which, you do it anyway. — Uday Kotak

I do not send their Lordships the particulars of our losses and damages by this, as it would take me much time; and I am willing none should be lost in letting them know an event of such consequence. — John Byng

Although a single source of risk may create large losses, it is not generally enough to result in an actual disaster. For such an event to occur, several types of risks usually need to interact. Most importantly, the lack of appropriate controls appears to be a determining contributor. Although inadequate controls do not trigger the actual financial loss, they allow the organization to take more risk than necessary and also provide enough time for extreme losses to accumulate. — Thomas S. Coleman

If you can't take a small loss, sooner or later you will take the mother of all losses. — Ed Seykota

Freedom is not, then, simply the absence of restrictions, but rather consists of finding the right, liberating restrictions. Put another way, we must actively take tactical freedom losses in order to receive strategic freedom gains. — Timothy Keller

Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to be set higher or lower than it would be otherwise. It represents a net lose to the economy as a whole to the extent that many transactions do not take place at all, because the mutually acceptable possibilities have been reduced. — Thomas Sowell

No one else can take risks for us, or face our losses on our behalf, or give us self-esteem. No one can spare us from life's slings and arrows, and when death comes, we meet it alone. — Martha Beck

The leader of another crack gang once told Venkatesh that he could easily afford to pay his foot soldiers more, but it wouldn't be prudent. "You got all these niggers below you who want your job, you dig?" he said. "So, you know, you try to take care of them, but you know, you also have to show them you the boss. You always have to get yours first, or else you really ain't no leader. If you start taking losses, they see you as weak and shit. — Steven D. Levitt

Knowing when to take your losses is an essential part of eventual success. — Tom Peters

Everyone who lives long enough to love deeply will experience great losses. Don't let fear of loss, or the losses themselves, take away your ability to enjoy the wonderful life that is yours. — Barbara "Cutie" Cooper

I have a fierce will to live. Others fight a little, then lose hope. Still others - and I am one of those - never give up. We fight and fight and fight. We fight no matter the cost of battle, the losses we take, the improbability of success. We fight to the very end. — Yann Martel

The reality of heaven doesn't take away the pain of or suffering or our losses, but it assures us that our pain is temporary. — Dave Dravecky

All human development, according to Silvan Tompkins, is rooted in affect (feeling) dynamics because affects (feelings) are the primary innate biological motivator of human life. Our anger is the energy that gives us strength. The Incredible Hulk becomes the huge, powerful hulk when he needs the energy and power to take care of others. Our sadness is an energy we discharge in order to heal. As we discharge the energy over the losses relating to our basic needs, we can integrate the shock of those losses and adapt to reality. Sadness is painful. We try to avoid it. Discharging sadness releases the energy involved in our emotional pain. To hold it in is to freeze the pain within us. The therapeutic slogan is that grieving is the "healing feeling." Fear releases an energy that warns us of danger to our basic needs. Fear is an energy leading to our discernment and wisdom. — John Bradshaw

But surely everyone can also testify to another, less reckonable kind of homesickness, one having to do with unsettlements that cannot be located in spaces of geography or history; and accordingly it's my belief that the communal, contractual phenomenon of New York cricket is underwritten, there where the print is finest, by the same agglomeration of unspeakable individual longings that underwrites cricket played anywhere
longings concerned with horizons and potentials sighted or hallucinated and in any event lost long ago, tantalisms that touch on the undoing of losses too private and reprehensible to be acknowledged to oneself, let alone to others. I cannot be the first to wonder if what we see, when we see men in white take to a cricket field, is men imagining an environment of justice. — Joseph O'Neill

We all take losses and it's about getting up and coming back. — Mike Epps

The desire for constant action irrespective of underlying conditions is responsible for many losses on Wall Street even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages. — Jesse Lauriston Livermore

I take losses very personal and very serious. — Pau Gasol

It is all in vain; you cannot give money to some members of the community but by taking it from others. If you desire to ruin the tax-payer, you may do so. But at least do not banter him by saying: In order to compensate your losses, I take from you again as much as I have taken from you already. — Frederic Bastiat

Some of us give up[ ... ] with only a resigned sigh. Others fight a little, then lose hope. Still others - and I am one of those - never give up. We fight and fight and fight. We fight no matter the cost of battle, the losses we take, the improbability of success. — Yann Martel

The big-ticket hardware folks invest the capital, take all the risks - which are huge - suffer the losses and the write-downs, and then let somebody else capture the business that has predictability, lower price sensitivity, higher margins, recurring revenue, and the opportunity to create an ongoing customer relationship, because the frequency of purchase is ten times greater than the frequency of the initial transaction. "So — Adrian J. Slywotzky

West Young. My West Young. The guy who fought for me when Conner and his friend tried to jump me. The guy who took on a fight to help save my family. The guy who held me while I mourned my own losses. That's West Young. The man I'm falling for. — Katie McGarry

Take care to sell your horse before he dies. The art of life is passing losses on. — Robert Frost

How many losses does it take to stop a heart,
to lay waste to the vocabularies of desire? — Dorianne Laux

Desmond Coolwater is a well dressed, young prestigious ivy league gentleman and dabbling misogynist with a key to the metropolitan Denver nightlife as well as a job with a local, yet well known magazine as an entertainment / advertising executive.

He knows how to make money marketing and beguiling women, but he is about take losses on a level that he's not accustomed to and in order to overcome losing his job, nearly losing his father and the possibility for love with the right woman he will have to reinvent cool. — Keylend Wright

At times we will be asked to let go of things that we have always wanted to keep for ourselves, or things that we would never have thought that we would to have to let go of, such as the loss of a loved one or the betrayal of a dear friend. A tree never hesitates to shake off her leaves during fall, and so we must take another lesson given to us by the nature: let go when it is time. Although such losses can be difficult and painful, rise above this suffering. Focus within your mind, the image of the Lotus prospering above mud. We are the lotus; rise above. — Forrest Curran

Some of us give up on life with only a resigned sigh. Others fight a little, then lose hope. Still others-and I am one of those-never give up. We fight and fight and fight. We fight no matter the cost of battle, the losses we take, the improbability of success. We fight to the very end. It's not a question of courage. It's something constitutional, an inability to let go. — Yann Martel

After all, as a taxpayer, if I'm acting as the insurer against losses, I should have the right to say what risks the insured can take. — Jerry A. Webman

How many times in your life could you have abated conflicts if you had taken the time to deliberate on your problems in quiet contemplation - for example, taking a quiet walk - to think about your capabilities and limitations, and the likely gains and losses of taking action? By removing yourself from the immediate, stressful situation, you also take out the emotion that often prompts you to make rash, thoughtless decisions. The — Sun Tzu

Take patiently the petty annoyances, the trifling discomforts, the unimportant losses which come upon all of us daily; for by means of these little matters, lovingly and freely accepted, you will give Him your whole heart, and win His. — Francis De Sales

This cry for mercy is possible only when we are willing to confess that somehow, somewhere, we ourselves have something to do with our losses. Crying for mercy is a recognition that blaming God, the world, or others for our losses does not do full justice to the truth of who we are. At the moment we are willing to take responsibility, even for the pain we didn't cause directly, blaming is connected into an acknowledgement of our own role in human brokenness. The prayer for God's mercy comes from a heart that knows that this human brokenness is not a fatal condition of which we have become the sad victims, but the bitter fruit of the human choice to say "No" to love. — Henri J.M. Nouwen

Do it. Go there. Take it away, permanently. Deliver the fear. Force the task. Remove all hope. Demand the sacrifice. Enact defeat. Wreck everything. Great endings are built of great climaxes: enormous feats, worst fears, tremendous losses, harrowing sacrifices, utter destruction. — Donald Maass

Why am I more cautious as I age instead of the other way around? I wonder if it's all tied in to failure. I tend to forget my gains and remember only the losses. The failures have piled up, wreaking havoc with my confidence until, as an adult, I've become afraid to take chances. — Joan Anderson

My two biggest lessons learned as a trader are take risks and get comfortable with taking losses and setbacks to help move you forward. — Brandon Stanton

No more junk talk, no more lies. No more mornings in the hospital getting bad blood drained out of me. No more doctors trying to analyse what makes me a drug addict. No more futile attempts at trying to control my heroin use. No more defending myself when I know I am practically indefensible. No more police using me as practice. No more ODs, no more losses. No more trying to take an intellectual position on my heroin addiction when it takes more than it gives. No more dope-sick mornings, no more slow suicide, no more pain without end.
No more AA. No more NA. No more mind control. No more being a victim, no more looking for reasons in childhood, in God in anything but what exists in HERE. No more admitting I am powerless.
Down the dusty Los Angeles sidewalks, down the urine stained London back alleys ... there goes the connection fading into the crowd like a 1960's Polaroid.
"Business ... ?"
"Whachoo need ... ?"
"Chiva ... ? — Tony O'Neill

Every trader has strengths and weakness. Some are good holders of winners, but may hold their losers a little too long. Others may cut their winners a little short, but are quick to take their losses. As long as you stick to your own style, you get the good and bad in your own approach. — Michael Marcus

A lot of people with high IQs are terrible investors because they've got terrible temperaments. And that is why we say that having a certain kind of temperament is more important than brains. You need to keep raw irrational emotion under control. You need patience and discipline and an ability to take losses and adversity without going crazy. You need an ability to not be driven crazy by extreme success — Charlie Munger

I have yet to take capital losses on any company. Then again, it's still early. — Marc Andreessen

Losses are always a relief. They take a burden off me, make me feel more normal. If I win several tournaments in a row I get so confident I'm in a cloud. If I lose I go back to the dressing room and I'm no better nor worse than anyone else. A loss gets me eager again. — Chris Evert

To be a super-trader, you'll need an edge to overcome the laws of probability and the uncertainty of the marketplace. That edge comes from information flow, the ability to correct your habits in terms of the market's characteristics, and being able to take risks, cut losses, expand your information network, ferret out ideas, and take recommendations. — Ari Kiev