Loss Prevention Quotes

If we guard our toothbrushes and diamonds with equal zeal, we will lose fewer toothbrushes and more diamonds.

I'd say it's that most people think that very wealthy people take huge risks and that's why they have huge rewards. But the very best on earth are completely obsessed with not losing money. That sounds overly simplistic, but they know that if you lost 50 percent, it takes 100 percent to get even. Most people don't make that math in their head, so it takes years and years. They are obsessed with not losing money.

When I bet on horses, I never lose. Why? I bet on all the horses.

Control was just wishful thinking, and you controlled things to hedge your bets, to be safe, to guard against loss.

It is foolhardy to make a second trade, if your first trade shows you a loss. Never average losses. Let this thought be written indelibly upon your mind.

Nothing is going to improve my hearing. I've only got to prevent it from getting worse.

Though secrecy in diplomacy is occasionally unavoidable, it has its perils ... Publicity may cause some losses, but may avert some misfortunes.

And above all you ought to guard against leading an army to fight which is afraid or which is not confident of victory. For the greatest sign of an impending loss is when one does not believe one can win.

The first time I got locked up, I was in Walmart stealing BB guns.

Give thy love freely, do not count the cost: So beautiful a thing was never lost.

Underwriting is probably the smallest part of our business.

Are you to give up the fight and let this vast body of our wealth go to ruin? I do not believe it.

Beware of losing what isn't in your head.

Losing some money is an inevitable part of investing, and there's nothing you can do to prevent it. But to be an intelligent investor, you must take responsibility for ensuring that you never lose most or all of your money.

Where you want to be is always in control, never wishing, always trading, and always first and foremost protecting your ass. That's why most people lose money as individual investors or traders because they're not focusing on losing money. They need to focus on the money that they have at risk and how much capital is at risk in any single investment they have. If everyone spent 90 percent of their time on that, not 90 percent of the time on pie-in-the-sky ideas on how much money they're going to make, then they will be incredibly successful investors.

No man resolved to make the most of himself, can spare time for personal contention. Still less can he afford to take all the consequences, including the vitiating of his temper, and the loss of self-control. Yield larger things to which you can show no more than equal right; and yield lesser ones, though clearly your own. Better to give your path to a dog, than be bitten by him in contesting the right. Even killing the dog would not cure the bite

Mending the fence when one loses a sheep is still not too late.

The concept of insurance is not to share risk but to avoid risk.

I'm always thinking about losing money as opposed to making money. Don't focus on making money, focus on protecting what you have

Aggression means emotions. Emotions means you’re gonna get off your plan and that means you’ll lose the fight.

I remember sitting in my room and thinking of where it all went wrong and how I ended up losing control of everything, and I realized I hadn't asked myself one question: And then what? That was my most important lesson. I learned to think about the consequences before the action and that saves me, to this day, from a lot of trouble. If you play it down the line, you'll start making better choices.

Investing in renter's insurance is hugely worthwhile. It protects you from a whole load of financial pitfalls around your home. Your home should be the center of your sense of security - not the cause of you losing financial security.

The finger cut, to save the hand.

Nothing was to be lost by beginning at the beginning.

My basic advise is don't lose money