--- title: "Meaning & Key Takeaway of: Always leave a sinking ship. There's no…" description: "\"Always leave a sinking ship. There's no virtue in hanging on to losers. And stocks don't have feelings.\" — Nancy Dunnan" image: "https://sms4smile.com/quotes/i/927/nancy-dunnan-36010_customer_always-leave-a-sinking-ship-there-s-no-v_21915.jpg" --- # Always leave a sinking ship. There's no virtue in hanging… ![“Always leave a sinking ship. There's no virtue in hanging on to losers. And stocks don't have feelings.” quote by Nancy Dunnan](https://sms4smile.com/quotes/i/927/nancy-dunnan-36010_customer_always-leave-a-sinking-ship-there-s-no-v_21915.jpg) [Download](https://sms4smile.com/quotes/i/927/nancy-dunnan-36010_customer_always-leave-a-sinking-ship-there-s-no-v_21915.jpg) [Open image](https://sms4smile.com/quotes/i/927/nancy-dunnan-36010_customer_always-leave-a-sinking-ship-there-s-no-v_21915.jpg) > “Always leave a sinking ship. There's no virtue in hanging on to losers. And stocks don't have feelings.” [Nancy Dunnan](https://sms4smile.com/quotes/author/nancy-dunnan/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Advocates cutting losses quickly, emphasizing that clinging to failing investments yields no moral benefit and that markets are indifferent to sentiment. **In simple terms:** Cut losses early; markets are impersonal. Key Takeaway Don’t cling to losers. Themes risk management investment discipline psychology of investing opportunity cost market efficiency Mood pragmatic detached cautious Type advice max max When to use this quote - evaluating underperforming stocks - deciding to sell a losing position - rebalancing a portfolio - responding to a market downturn Key Concepts loss aversion confirmation bias portfolio turnover emotional detachment Practical Applications - portfolio optimization - risk mitigation Questions to Reflect On - What criteria do you use to decide when to exit a position? - How do you balance emotional comfort with rational loss‑cutting? A Different Perspective Sometimes holding a losing asset can be strategic if it’s expected to recover, and premature selling may lock in losses unnecessarily. ★ ★ ★ ★ ★ No ratings yet [Customer](https://sms4smile.com/quotes/about/customer/) [Feelings](https://sms4smile.com/quotes/about/feelings/) [Investing](https://sms4smile.com/quotes/about/investing/) [Loser](https://sms4smile.com/quotes/about/loser/) [Losers](https://sms4smile.com/quotes/about/losers/) [Sinking Ship](https://sms4smile.com/quotes/about/sinking-ship/) [Virtue](https://sms4smile.com/quotes/about/virtue/) ## Related quotes > [“We all have the same holes in our hearts Everything falls apart at the exact same time It all comes together perfectly for the…](https://sms4smile.com/quotes/listener/we-all-have-the-same-holes-in-our-hearts-everything-falls-apart-at/) Listener > [“It's a sinking ship," he said. "You ought to be grateful that they just threw you overboard.”](https://sms4smile.com/quotes/michael-chabon/it-s-a-sinking-ship-he-said-you-ought-to-be-grateful-that-they-just/) [Michael Chabon](https://sms4smile.com/quotes/author/michael-chabon/) > [On land, you can walk away from people, from unpleasant situations. But when you're on a ship for 14 months with 49 other people,…](https://sms4smile.com/quotes/billy-campbell/on-land-you-can-walk-away-from-people-from-unpleasant-situations-but/) [Billy Campbell](https://sms4smile.com/quotes/author/billy-campbell/) > [It struck him that in moments of crisis one is never fighting against an external enemy, but always against one’s own body... 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You can be on a sinking ship-and…](https://sms4smile.com/quotes/isaac-asimov/i-do-not-use-airplanes-they-strike-me-as-unsporting-you-can-have-an/) [Isaac Asimov](https://sms4smile.com/quotes/author/isaac-asimov/) > [She was like a sinking ship firing on the rescuers.](https://sms4smile.com/quotes/alexander-woollcott/she-was-like-a-sinking-ship-firing-on-the-rescuers/) [Alexander Woollcott](https://sms4smile.com/quotes/author/alexander-woollcott/) ## More by Nancy Dunnan > [The higher the yield, the higher the risk. A high yield is designed to attract investors. An outrageously high yield attracts fools.](https://sms4smile.com/quotes/nancy-dunnan/the-higher-the-yield-the-higher-the-risk-a-high-yield-is-designed-to/) [Nancy Dunnan](https://sms4smile.com/quotes/author/nancy-dunnan/) > [Avoid greed and fear. These are the investor's Achilles heels. 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