Consistently Quote by Dick Ebersol
“The definition of winning has become distorted. If winning the rights to a property brings with it hundreds of millions of dollars in losses, what have you won? When faced with the prospect of heavy financial losses, we have consistently walked away and have done so again.”
About This Quote
Winning can be hollow when the cost outweighs the benefit, prompting wise disengagement.
In simple terms: Winning may bring losses, making it not worth it.
Weigh costs against gains before pursuing a win.
Themes
Mood
Type
When to use this quote
- investment decisions
- legal battles
- business negotiations
- personal choices
Key Concepts
Questions to Reflect On
- When does a win become a loss?
- What criteria guide walking away?
May ignore intangible benefits of winning.