Fool Quote by Jim Elliot
“He is no fool who parts with that which he cannot keep, when he is sure to be recompensed with that which he cannot lose.”
About This Quote
Source Speech: Unknown, possibly personal letters, 1950s
Spending resources you cannot retain is wise if you are guaranteed something you cannot lose in return.
In simple terms: Spend what you can't keep if you’ll gain what you can’t lose.
Invest wisely with guaranteed returns.
Themes
Mood
Type
When to use this quote
- personal finance
- relationships
- investment decisions
- charitable giving
Key Concepts
Questions to Reflect On
- Can you identify a situation where you risk losing nothing but gain everything?
- How do you assess the certainty of a reward?
Assumes certainty of recompense, which is rare.