Cost Quote by Charlie Munger

All decisions have dilemmas and all choices have opportunity costs. For every win there's a loss somewhere.

— Frank Matobo

We make choices every single day of our lives and those choices mean we must give up something in exchange for another. In economics…

— Trish Regan

While different people may approach opportunities in different ways, we need to base decisions on a fundamental set of values as we chart our…

— Ron D. Burton

Making wise decisions requires more than incentives. It requires wisdom.

— James Taranto

“According to standard economic assumptions, the only opportunity costs that should figure into a decision are the ones associated with the next-best alternative.”

— Barry Schwartz

In economics, one of the most important concepts is 'opportunity cost' - the idea that once you spend your money on something, you can't…

— Malcolm Turnbull

All things being equal, letting people make decisions for themselves will produce smarter outcomes, collectively, than relying on government planners.

— James Surowiecki

The problem with opportunity cost is that opportunity cost is divided among many, many things.

— Dan Ariely

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of…

— Thomas Sowell

“When we choose things that are evil and stupid, then we pay the cost of lost opportunities to do something good—something wise and unselfish.”

— Alan Robertson

Intelligence consists in recognizing opportunity.

— Anonymous

“In the business people with expertise, experience and evidence will make more profitable decisions than people with instinct, intuition and imagination.”

— Amit Kalantri