Quotes About Investment

Good health is not something we can buy. However, it can be an extremely valuable savings account."-Anne Wilson Schaef

And the effect is stronger the more the ticket costs. Imagine if, instead of $95, you had spent $150 or $250 or $500. As the price tag grows, so does the effect of sunk costs.

To pursue radical ideas, he has to be a radical loss-cutter. Every dollar they save by getting to no quickly is a dollar they can spend on something that could change the world.

If we find the Achilles' heel," Teller told me, "thank God we found the Achilles' heel after $2 million instead of after $20 million.

Chapter 5 describes why sunk costs make it so hard to walk away. I'll dive deep into the fear of waste and how the money, time, effort, or other resources we have invested in a course of action negatively impact decisions about whether to move forward

Or we don't leave a career we spent years training for, because that would mean our training was for nothing. Or we keep watching a bad movie because of the time we've already spent watching it.

Your friend complains about being in a bad relationship. If you ask, "Why don't you just break up?" they'll frequently say, "Because I've put so much time into trying to make this relationship work.

As you build things, whether they're train tracks, or bookshelves, or relationships, or essays that you've written for classes, the endowment effect gaffs the scale even more, further escalating our commitment to failing causes.

Teller realizes that when you're building pedestals, you are also accumulating sunk costs that make it hard to quit even as you find out that you may not be able to train the monkey to juggle those torches.

Good relationships don't just happen; they take time, patience and two people who truly want to work to be together.

If someone wants to know your business, tell them to invest in it.

When I was young in the business, I felt anything I wanted to buy personally and professionally was always too expensive.

While it is true that we must seek value added industries like food processing plants and call center operations, we must do what is necessary to expand and develop our economic profile.

Somebody needs to cut their profit margin and contribute to making our sport safer.

I lose around a couple of crores every year on the school, but even if I was to make profit from it, I would never use it for myself. I'd plough every penny back into improving facilities for the school. Just as I do with the cricket academies I run around the country. These are not for making money; for that, I have other avenues.

I am a capitalist and I believe in making a profit.

A great merchant delivers both joy and profit. Then profit gets reinvested in more joy.

A movie that costs only $1.6 million doesn't have to be a cultural event to turn a profit.

What did Citibank get out of it? It got the ability to reverse the arbitrage. Actually, what they got was the ability to give themselves a profit, and that saved the bank.

How do we take the bad out of fracking? How do you contain the water? How do we make a profit out of that? Get there early.

Banks need to continue to lend to creditworthy borrowers to earn a profit and remain strong.

You will always need more capital than you think, because it will always take you longer to reach profitability than you can imagine.

What is too popular may not be profitable. Don't invest in B2C companies, instead invest in B2B companies.

If my businesses or my investments are not profitable, then I don't eat. And I like to eat.