There will be losing years; but if the art of making money…
“There will be losing years; but if the art of making money is not to lose it, then there should not be substantial losses.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
The goal of investing is to preserve capital; any loss beyond normal market fluctuations indicates a failure in risk management.
In simple terms: Invest to avoid losing money.
Focus on capital preservation.
Themes
Mood
Type
When to use this quote
- stock portfolio
- retirement planning
- business cash flow
- real estate deals
Key Concepts
Questions to Reflect On
- How do you measure acceptable loss?
- What safeguards do you have against unexpected downturns?
Market volatility can still cause unavoidable losses despite best practices.