Cash Quote by Enrico Bombieri
“Bombieri's Law: of Finance: Profits are on paper, losses are in cash”
About This Quote
Distinguishes between paper profits and real cash losses, highlighting financial risk.
In simple terms: Paper gains differ from real cash losses.
Beware of paper profits.
Themes
Mood
Type
When to use this quote
- stock trading
- business budgeting
- personal finance
Key Concepts
Questions to Reflect On
- Do you track cash versus paper gains?
- How does this affect investment decisions?
Paper profits can be misleading without cash flow analysis.