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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.” quote by Jim Elliot
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“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.”

Jim Elliot

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.

Key Takeaway

Invest wisely with guaranteed returns.

Themes

resource management risk reward philosophy

Mood

thoughtful pragmatic

Type

advice philosophical

When to use this quote

  • personal finance
  • relationships
  • investment decisions
  • charitable giving

Key Concepts

economics trust exchange

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?
A Different Perspective

Assumes certainty of recompense, which is rare.

4.0 out of 5 (10 ratings)

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