When you lose it takes twice the amount of effort to get back to the same place. For example a 50% loss of your money requires a 100% gain to get back to the same place.
This is why Warren Buffet says the number 1 rule of investing is “Don’t money.”
Tag: lose
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noiz viol8ion blog #376 – Ways to Lose
There are more ways to win than there is to lose. If you are aware of these ways to lose then you can avoid them.
Growing up I was taught, “Winners never quit and quitter never win.”
This is the only way you can lose. If you quit then you are sure to lose. Quitting is not an option for a winner. If you give yourself an out then you will take it. If you are committed then you will find a way to win
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Blog #257 – Failure is the first step towards success
Stop waiting until you are ready. As soon as you are ready its already too late.
No one learns by being successful at everything they do. The biggest lessons are learned from the biggest failures. It takes no courage to keep swinging if you win. The real courage comes from keeping on going after you have taken a lose. The greatest teams in sports do not lose twice in a row. They rebound from the loss get better.
The real success is who you become and how you look at yourself.
