Be sure that you are well compensated for illiquidity - especially illiquidity without control - because it can create particularly high opportunity… — Seth Klarman Copy Share Image
Even when you are right, there are costs and taxes associated with being tactical. When you are wrong, there are opportunity costs. — Barry Ritholtz Copy Share Image
“Giving up the opportunity to sell something does not hurt as much as taking the money out of your wallet to pay… — Richard H. Thaler Copy Share Image
Everything has an opportunity cost, and the big things we want in life - like happiness and healthy relationships and wealth -… — Mark Manson Copy Share Image
After nearly making a terrible mistake not buying See's, we've made this mistake many times. We are apparently slow learners. These opportunity… — Charlie Munger Copy Share Image
“According to standard economic assumptions, the only opportunity costs that should figure into a decision are the ones associated with the next-best… — Barry Schwartz Copy Share Image
We're guessing at our future opportunity cost. Warrenis guessing that he'll have the opportunity to put capital out at high rates of… — Charlie Munger Copy Share Image
Obviously, consideration of costs is key, including opportunity costs. Of course capital isn't free. It's easy to figure out your cost of… — Charlie Munger Copy Share Image