Lost Money Quotes

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  • In my opinion, the greatest misconception about the market is the idea that if you buy and hold stocks for long periods of time, you'll always make money. Let me give you some specific examples. Anyone who bought the stock market at any time between the 1896 low and the 1932 low would have lost money. In other words, there's a 36 year period in which a buy-and-hold strategy would have lost money. As a more modern example, anyone who bought the market at any time between the 1962 low and the 1974 low would have lost money.

    Ideas   Years   Long  
  • You have never lost money in stocks over any 20-year period, but you have wiped out half your portfolio in bonds (after inflation). So which is the riskier asset?

    Years   Investing   Half  
  • No one in this world, so far as I know--and I have searched the records for years, and employed agents to help me--has ever lost money by underestimating the intelligence of the great masses of the plain people. Nor has any one ever lost public office thereby. The mistake that is made always runs the other way. Because the plain people are able to speak and understand, and even, in many cases, to read and write, it is assumed that they have ideas in their heads, and an appetite for more. This assumption is folly. They dislike ideas, for ideas make them uncomfortable.

    Chicago Tribune, 19 Sept. 1926.
  • Lost money is bewailed with deeper sighs Than friends, or kindred, and with louder cries.

    Cry   Kindred   Lost  
  • The real measure of your wealth is how much you'd be worth if you lost all your money.

    Positive   Money   Real  
  • We can make up for lost money, but we can't make up for lost time.

    Twitter post from Jul 23, 2012
  • Nobody ever lost money taking a profit

    Money   Business   Saving  
  • It is good to have money and the things that money can buy, but it's good too, to check up once in a while and make sure you haven't lost the things money can't buy.

    George Horace Lorimer (2006). “Old Gorgon Graham: More Letters from a Self-made Merchant to His Son”, p.251, Cosimo, Inc.
  • I don't think I have ever learnt a difficult lesson. Probably sports betting, which I have lost money on. I did lose money on Apple. You'd have thought you could only make money on Apple but I was one of the people who managed to lose.

    Source: www.telegraph.co.uk
  • If you want to know what a man is really like, take notice of how he acts when he loses money.

    Money   Men   Want  
  • No one in this world, so far as I know - and I have searched the records for years, and employed agents to help me - has ever lost money by underestimating the intelligence of the great masses of the plain people.

    Years   People   Records  
    Chicago Tribune, 19 Sept. 1926.
  • I lost money, coaching jobs, a shot at the Hall of Fame. But when you weigh that against all the things that are really and truly important, things that are deep inside you, then I think I've succeeded.

  • Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

    Funny   Success   Money  
    "Rules That Warren Buffett Lives By". Yahoo Finance, February 23, 2010.
  • Financially, I've lost money and made money, but I know my way around financially.

    Way   Lost   Made  
  • We didn't make money but we never lost money. We'd sit around Times Square with fliers, walk around the Village and try and get people to come. Now you'd just tweet it, but that was the beginning of emails, or the beginning of me doing emails - I'm sure there were people in 1986 who were doing emails.

    Squares   People   Trying  
    Source: www.interviewmagazine.com
  • When I did 'Dancing With the Stars,' I got literally thousands of emails from people saying, 'We relate to you. I've been divorced. I'm raising kids on my own.' Or, 'You've had money. You've lost money.'

    Stars   Kids   People  
    Interview with Patricia Sheridan, www.post-gazette.com. October 1, 2012.
  • I lost money, coaching jobs, a shot at the Hall of Fame.

    Jobs   Coaching   Fame  
  • Money is both the generation and corruption of purchased honor; honor is both the child and slave of potent money: the credit which honor hath lost, money hath found. When honor grew mercenary, money grew honorable. The way to be truly noble is to contemn both.

    Money   Children   Honor  
  • I never lost money by turning a profit.

  • It has now become a status symbol among the rich to say that you got ripped off by Bernie Madoff, because everybody is losing money in the market, everybody is, but it makes you special and unique if you lost money because of Madoff. These people don't think it makes 'em look stupid. It continues to elevate their status, they think.

    Source: www.rushlimbaugh.com
  • I had a party to raise money, spent 15 grand on the party alone. People ate, drank and left. I thought all these bigwig ballplayers would give; you know I had all the big players come. Nothing, I lost money on that party. I think maybe someone put like $400 in the pot or something. I was like come on, throw me a bone!

    Party   Player   Thinking  
    Source: www.stumpedmagazine.com
  • LTCM lost money when Russia defaulted on a certain class of bonds, and then they had other investments like on the spread between two different kinds of shares of Royal Dutch Shell Oil Company. Now that seems completely unrelated to Russian bonds. But they were related because other hedge funds saw similar discrepancies and they were all making similar bets.

    Russia   Class   Two  
    "Big Think Interview With Richard Thaler". bigthink.com. June 19, 2009.
  • I've lost a lot. I've lost money, and my reputation has taken a hit for taking the high road to protect my dignity, to protect children, and for other good causes. But I don't think there's ever too steep a price for doing the right thing.

    Source: pittsburghurbanmedia.com
  • I have made six big home moves in my life and I have never lost money on one I have lived in.

    Moving   Home   Six  
    Source: www.dailymail.co.uk
  • I proceeded to prove everybody right as to how bad an economics student I was by failing as an assistant manager in every theatre I went to that hired me, both as an assistant manager and as an actor. I lost money and tickets, and I couldn't keep track of anything. So eventually they fired me from assistant-manager jobs, but kept me on as an actor.

    Jobs   Track   Theatre  
    Source: www.avclub.com
  • People always make this totally artificial distinction between what is commercial and what is good. They quote that maxim "Nobody ever lost money underestimating the public's taste" and I think that's very wrongheaded. I like to believe the audience is actually intelligent, because it's made up of other people like yourself.

  • I never weep over lost money, for I figure I'd rather go to the poorhouse once than go there every day.

    Money   Lost   Figures  
    Marie Dressler (1924). “The Eminent American Comedienne Marie Dressler in The Life Story of an Ugly Duckling: An Autobiographical Fragment in Seven Parts”, New York : R.M. McBride
  • That's a very hard thing to help the establishment know. We're still an establishment that thinks the average mentality is something like 13 years of age, that never forgot H.L. Mencken's notion that nobody lost money underestimating the intelligence of the American people. That's the horseshit the establishment has always lived with.

    Source: www.avclub.com
  • During the Gold Rush, most would-be miners lost money, but people who sold them picks, shovels, tents and blue-jeans (Levi Strauss) made a nice profit.

    Nice   Blue   Jeans  
    Peter Lynch (2012). “One Up On Wall Street: How To Use What You Already Know To Make Money In”, p.14, Simon and Schuster
  • Governments have supported airlines as if they were local football teams. But there are just too many of them. This is the only industry I know that has lost money consistently and makes money infrequently.

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