Top 19 Quotes About Cutting Losses
#1. A company has only so much money and managerial time. Winning leaders invest where the payback is the highest. They cut their losses everywhere else.
Jack Welch
#2. Disease may be defined as 'A change produced in living things in consequence of which they are no longer in harmony with their environment.
William Thomas Councilman
#3. If Bush had gone into Iraq for cynical reasons, we could cut our losses now. What's frightening is that he did it for ideological reasons, and therefore he's not going to get out. So it isn't ultimately about oil or about Israel, it's about a belief.
Seymour Hersh
#4. [GEICO] got to thinking that, because they were making a lot of money, they knew everything. And they suffered huge losses. All they had to do was to cut out all the folly and go back to the perfectly wonderful business that was lying there.
Charlie Munger
#5. When a girl leaves her home at eighteen, she does one of two things. Either she falls into saving hands and becomes better, or she rapidly assumes the cosmopolitan standard of virtue and becomes worse
Theodore Dreiser
#6. You know the best thing about competition? There's this whole strategy game, and when it all works out its like solving that hard math equation. You finally get the answer and you're so happy.
Shaun White
#8. And thought struggles against the results, trying to avoid those unpleasant results while keeping on with that way of thinking. That is what I call 'sustained incoherence.
David Bohm
#9. The trading rules I live by are: 1. Cut losses. 2. Ride winners. 3. Keep bets small. 4. Follow the rules without question. 5. Know when to break the rules.
Ed Seykota
#10. Mostly that it takes two to make a couple. One person can't do it on her own, no matter how hard she tries; In our case, I want to be happily married, but you' don't. So, I'm cutting my losses and moving on in the hope that, someday, I'll find a man willing to share more than just his bed with me.
Catherine Spencer
#11. Quitters have the good sense to admit their mistakes, cut their losses, and move on.
Evan Harris
#12. When a great war has cut off the young men of a nation it never can be told thereafter what losses of scholars, poets, thinkers and great designers the country and the world have suffered.
James Vila Blake
#13. You know Shug will fight, he say. Just like Sofia. She bound to live her life and be herself no matter what.
Alice Walker
#14. 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
#15. The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow these three rules, you may have a chance.
Ed Seykota
#16. If you have made a mistake cut your losses as quickly as possible.
Bernard Baruch
#17. Coaching is not a natural way of life. Your victories and losses are too clear cut.
Tommy Prothro
#18. Good girl doesn't exist; you just have to choose between bad and worse.
M.F. Moonzajer
#19. Superior leaders are willing to admit a mistake and cut their losses. Be willing to admit that you've changed your mind. Don't persist when the original decision turns out to be a poor one.
Brian Tracy