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I know I can act. There aren't too many other jobs I know how to do. Financially, I've lost money and made money, but I know my way around financially. I've been too many places. I'm like the bad penny.
Sep 24, 2025
I never lost money by turning a profit.
I have made six big home moves in my life and I have never lost money on one I have lived in.
I never weep over lost money, for I figure I'd rather go to the poorhouse once than go there every day.
Financially, I've lost money and made money, but I know my way around financially.
If you want to know what a man is really like, take notice of how he acts when he loses money.
We can make up for lost money, but we can't make up for lost time.
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.
Lost money is bewailed with deeper sighs Than friends, or kindred, and with louder cries.
Nobody ever lost money taking a profit
The real measure of your wealth is how much you'd be worth if you lost all your money.
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.
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.
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.
Enron's president, Ken Lay, passed away last week. So, I guess even God lost money on that Enron deal. I believe the official cause of death was listed as "karma." The family asked in lieu of flowers, please send some elderly retiree's entire life savings.
The only way of making money is for effort. The only time I've ever lost money is when I've purposely said, "I'm doing this to make money." And I've actually on three occasions lost significant sums. I have made wealth when I've actually made a contribution to something, when I've done something I thought I could do better than somebody else or have done something better than somebody else does it.
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.
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.
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.'
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.
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.
I lost money, coaching jobs, a shot at the Hall of Fame.
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!
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.
How we love to blame others for our misfortunes! Almost every individual who has lost money in stock speculation has on the tip of his tongue an explanation which he trots out to show that it wasn't his own fault at all.... Hardly one loser has the manliness to say frankly, "I was wrong.
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.
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
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.
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?
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 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.
I had a Velcro wallet in a casino. That sound annoyed the hell out of me. Whenever I lost money, and I opened the wallet, it was like the sound of my addiction.
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.
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.
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.
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