Quotes About Ownership

What's always right?" "Kindness," Pitt answered with certainty. "Keeping your promises. Not giving up just because it gets hard. Owning up to your mistakes, and not blaming other people even if you would get away with it.

God owns heaven but He craves the earth.

Now he is gone as you are gone. But he belongs to me like lost baggage.

The butterfly owns her now. It covers her and her wounds.

She owns her own hunger.

You need to claim the events of your life to make yourself yours.

Tugs used to think that everyone's name was in the dictionary, and when she had realized it was only hers, both Tugs and Button, she felt suddenly fond and possessive of it, as if this book were put here for her guidance alone.

The status quo represents a mental account that we already have open, which has sunk costs associated with it, the time, money, or effort that has already been put into the way we've been doing things. Closing that account by switching to a new option can make us feel like we are wasting those resources we have already spent. We also become endowed to the status quo, taking ownership of the decisions that have kept us in that groove and anything we have created along the way.

When we own something, we value it more highly than an identical item that we do not own. Richard Thaler was the first to name this cognitive illusion, calling it the endowment effect. In fact, he introduced the endowment effect in that same 1980 paper where he coined the term "sunk cost." He described the endowment effect as "the fact that people often demand more to give up an object than they would be willing to pay to acquire it.

The endowment effect has obvious applications to quitting behavior. Selling something you own is the equivalent of quitting; you are quitting your ownership. Not selling something you own is a form of persistence. When you are deciding whether to sell your wine, or your car, or your house, you are choosing whether or not to persist in owning those things.

The endowment effect helps unlock the mystery of why Harold Staw twice would not sell his stores. In his battle with the Texas shareholders, in which his good friend and lawyer defected to the other side, he was endowed to the California stores in a way that those on the other side of the suit were not. He was unwilling to sell the California stores, stores he had created and built, to protect the value of the Texas stores, stores he had not created and built.

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.

blaming others for their bad results and failing to give them credit for their good ones is under the influence of ego.

nos sentíamos rodeados de cosas ausentes que tendríamos derecho a comprar más tarde.

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

As a professional athlete, the onus is on you to take responsibility.

It is a beneficent incident of the ownership of land that a pioneer who reduces it to use, and helps to lay the foundations of a new State, finds a profit in the increasing value of land as the new State grows up.

If a company is profitable, the founder is in control. If it's not, investors are in control.

My thing is to have a good, profitable company, for it to be 100% owned independently.

There is something permanent, and something extremely profound, in owning a home.

I don't have a copy of my books, and the degree to which I never read them is profound. I never look.

I think the Norweigan model of municipalities owning cinemas and being programmed by people who know about films is a good one.

Typically, if you buy a studio with a library, their library is pretty well licensed out many years in advance, so you are not really gaining access to the programming in that way.

I have several computer companies. One of them I have a program for wide-format printing. I have a beauty program. So I have several different programs that I own for printing.