Lost Quote by Bernard Baruch
“I never lost money by turning a profit.”
About This Quote
Source Interview: Business commentary, New York, 1935
He asserts that profit generation never results in a loss of capital.
In simple terms: Profit never causes loss.
Key Takeaway
Focus on profitable ventures.
Themes
finance
investment
risk management
Mood
pragmatic
analytical
Type
financial
advisory
When to use this quote
- stock investing
- business planning
- entrepreneurship
Key Concepts
economic theory
capital preservation
Questions to Reflect On
- How do you define true profit?
- What risks are overlooked?
A Different Perspective
Profit can be illusory if costs are hidden.
