--- title: "Meaning & Key Takeaway of: The real things to know is that folks…" description: "\"The real things to know is that folks will stand to lose more than they will to win. That’s the most important percentage there is. I mean, if they los..." image: "https://sms4smile.com/quotes/i/9e9/puggy-pearson-60868_dinner_the-real-things-to-know-is-that-folks-wi_367378.jpg" --- # The real things to know is that folks will stand to lose… ![“The real things to know is that folks will stand to lose more than they will to win. That’s the most important percentage there is. I mean, if they lose, they’re willin’ to lose everything. If they win, they’re usually satisfied to win enough to pay for dinner and a show. The best gamblers know…” quote by Puggy Pearson](https://sms4smile.com/quotes/i/9e9/puggy-pearson-60868_dinner_the-real-things-to-know-is-that-folks-wi_367378.jpg) [Download](https://sms4smile.com/quotes/i/9e9/puggy-pearson-60868_dinner_the-real-things-to-know-is-that-folks-wi_367378.jpg) [Open image](https://sms4smile.com/quotes/i/9e9/puggy-pearson-60868_dinner_the-real-things-to-know-is-that-folks-wi_367378.jpg) > “The real things to know is that folks will stand to lose more than they will to win. That’s the most important percentage there is. I mean, if they lose, they’re willin’ to lose everything. If they win, they’re usually satisfied to win enough to pay for dinner and a show. The best gamblers know that.” [Puggy Pearson](https://sms4smile.com/quotes/author/puggy-pearson/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Explains risk assessment: people often accept small gains but fear large losses. **In simple terms:** People value loss avoidance over gain. Key Takeaway Balance risk and reward. Themes risk gambling behavioral economics Mood analytical cautious Type educational practical When to use this quote - investment - entrepreneurship - personal finance Key Concepts loss aversion probability decision making Questions to Reflect On - How do you evaluate risk in decisions? - What strategies mitigate loss aversion? A Different Perspective Overemphasis on loss can hinder opportunity. ★ ★ ★ ★ ★ No ratings yet [Dinner](https://sms4smile.com/quotes/about/dinner/) [Gamblers](https://sms4smile.com/quotes/about/gamblers/) [Gambling](https://sms4smile.com/quotes/about/gambling/) [Percentages](https://sms4smile.com/quotes/about/percentages/) [Will to win](https://sms4smile.com/quotes/about/will-to-win/) [Winning](https://sms4smile.com/quotes/about/winning/) ## Related quotes > [“For those gamblers who know the secret to surviving Is knowing what to throw away And knowing what to keep”](https://sms4smile.com/quotes/karina-halle/for-those-gamblers-who-know-the-secret-to-surviving-is-knowing-what/) [Karina Halle](https://sms4smile.com/quotes/author/karina-halle/) > [But gamblers know how a man can sit for almost twenty-four hours at cards, without looking to right, or to left.](https://sms4smile.com/quotes/fyodor-dostoevsky/but-gamblers-know-how-a-man-can-sit-for-almost-twenty-four-hours-at/) [Fyodor Dostoevsky](https://sms4smile.com/quotes/author/fyodor-dostoevsky/) > [The will to win is important, but the will to prepare is vital.](https://sms4smile.com/quotes/joe-paterno/the-will-to-win-is-important-but-the-will-to-prepare-is-vital/) [Joe Paterno](https://sms4smile.com/quotes/author/joe-paterno/) > [The will to win is more important then the skill to win. It is possible to achieve only what you actively pursue. Cogito, ergo…](https://sms4smile.com/quotes/lloy-ball/the-will-to-win-is-more-important-then-the-skill-to-win-it-is/) Lloy Ball > [It's not whether you win or lose - but whether I win or lose.](https://sms4smile.com/quotes/sandy-lyle/it-s-not-whether-you-win-or-lose-but-whether-i-win-or-lose/) Sandy Lyle > [When your great players are team players, everybody else follows their lead. The best team doesn't always win - it's usually the team that…](https://sms4smile.com/quotes/john-c-maxwell/when-your-great-players-are-team-players-everybody-else-follows-their/) [John C. Maxwell](https://sms4smile.com/quotes/author/john-c-maxwell/) > [I want to win at everything. I usually don't like things that I'm not good at, but it doesn't mean I don't want to…](https://sms4smile.com/quotes/danica-patrick/i-want-to-win-at-everything-i-usually-don-t-like-things-that-i-m-not/) [Danica Patrick](https://sms4smile.com/quotes/author/danica-patrick/) > [If you’re going to create, create a lot. Creativity is not like playing the slot machines, where failure to win means you go home…](https://sms4smile.com/quotes/scott-adams/if-you-re-going-to-create-create-a-lot-creativity-is-not-like-playing/) [Scott Adams](https://sms4smile.com/quotes/author/scott-adams/) > [“When takers win, there’s usually someone else who loses. Research shows that people tend to envy successful takers and look for ways to knock…](https://sms4smile.com/quotes/adam-m-grant/when-takers-win-there-s-usually-someone-else-who-loses-research-shows/) [Adam M. Grant](https://sms4smile.com/quotes/author/adam-m-grant/) > [When you have players that are willing to do anything to win, usually the results are pretty good.](https://sms4smile.com/quotes/trevor-ariza/when-you-have-players-that-are-willing-to-do-anything-to-win-usually/) [Trevor Ariza](https://sms4smile.com/quotes/author/trevor-ariza/) > [“The ones who win usually don't need the prize.”](https://sms4smile.com/quotes/jake-colsen/the-ones-who-win-usually-don-t-need-the-prize/) [Jake Colsen](https://sms4smile.com/quotes/author/jake-colsen/) > [The most important thing in the Royal Rumble is saving as much energy as you can. The guy who's going to win is usually…](https://sms4smile.com/quotes/wade-barrett/the-most-important-thing-in-the-royal-rumble-is-saving-as-much-energy/) [Wade Barrett](https://sms4smile.com/quotes/author/wade-barrett/) > [After a win you usually come back and your spirits are high, you can look back at the fight and get excited. After a…](https://sms4smile.com/quotes/chad-mendes/after-a-win-you-usually-come-back-and-your-spirits-are-high-you-can/) [Chad Mendes](https://sms4smile.com/quotes/author/chad-mendes/) > [When it came to playing Arsenal over the last eight years of my career at United, we always went into games against them feeling…](https://sms4smile.com/quotes/paul-scholes/when-it-came-to-playing-arsenal-over-the-last-eight-years-of-my/) [Paul Scholes](https://sms4smile.com/quotes/author/paul-scholes/) > [If Neymar doesn't leave PSG, he will never win anything important. Especially the Champions League, which is the most important competition.](https://sms4smile.com/quotes/rivaldo/if-neymar-doesn-t-leave-psg-he-will-never-win-anything-important/) [Rivaldo](https://sms4smile.com/quotes/author/rivaldo/) ## More by Puggy Pearson > [I'll play any man from any land any game he can name for any amount he can count…Provided I like it!](https://sms4smile.com/quotes/puggy-pearson/i-ll-play-any-man-from-any-land-any-game-he-can-name-for-any-amount/) [Puggy Pearson](https://sms4smile.com/quotes/author/puggy-pearson/) > [Ain't only three things to gambling: knowing the 60-40 end of the proposition, money management, and knowing yourself.](https://sms4smile.com/quotes/puggy-pearson/ain-t-only-three-things-to-gambling-knowing-the-60-40-end-of-the/) [Puggy Pearson](https://sms4smile.com/quotes/author/puggy-pearson/) > [Losing is like smoking. It's habit forming”; “Fear is the basis of all mankind. In cards, you psyche 'em out, you shark 'em, you…](https://sms4smile.com/quotes/puggy-pearson/losing-is-like-smoking-it-s-habit-forming-fear-is-the-basis-of-all/) [Puggy Pearson](https://sms4smile.com/quotes/author/puggy-pearson/) > [Losing is like smoking. It's habit forming.](https://sms4smile.com/quotes/puggy-pearson/losing-is-like-smoking-it-s-habit-forming/) [Puggy Pearson](https://sms4smile.com/quotes/author/puggy-pearson/) [Explore all 5 Puggy Pearson quotes ](https://sms4smile.com/quotes/author/puggy-pearson/) ## More Dinner quotes > [The language we share is at the core of our identity as citizens, and our ticket to full participation in American political life. We…](https://sms4smile.com/quotes/s-i-hayakawa/the-language-we-share-is-at-the-core-of-our-identity-as-citizens-and/) [S. I. Hayakawa](https://sms4smile.com/quotes/author/s-i-hayakawa/) > [My dinners have never interfered with my business. They have been my recreation. . . A public banquet, if eaten with thought and care,…](https://sms4smile.com/quotes/chauncey-depew/my-dinners-have-never-interfered-with-my-business-they-have-been-my/) [Chauncey Depew](https://sms4smile.com/quotes/author/chauncey-depew/) > [Anybody can be Prince Charming one day a year, with the dinner and the flowers and all that. But you know what impresses me?…](https://sms4smile.com/quotes/ryan-howard/anybody-can-be-prince-charming-one-day-a-year-with-the-dinner-and-the/) [Ryan Howard](https://sms4smile.com/quotes/author/ryan-howard/) > [“We just went out for dinner. We didn't participate in a Roman orgy, I swear.”](https://sms4smile.com/quotes/victoria-dahl/we-just-went-out-for-dinner-we-didn-t-participate-in-a-roman-orgy-i/) [Victoria Dahl](https://sms4smile.com/quotes/author/victoria-dahl/) > [Back in the really olden days, dinner was seldom a ceremonial event for U.S. families. Only the very wealthy had a separate dining room.…](https://sms4smile.com/quotes/nancy-gibbs/back-in-the-really-olden-days-dinner-was-seldom-a-ceremonial-event/) [Nancy Gibbs](https://sms4smile.com/quotes/author/nancy-gibbs/) > [ Music \[is\] the third rail of life. You grabbed it to shock yourself out of the dull drag of hours. To feel something. To… ](https://sms4smile.com/quotes/joe-hill/music-is-the-third-rail-of-life-you-grabbed-it-to-shock-yourself-out/) [Joe Hill](https://sms4smile.com/quotes/author/joe-hill/) > [Sonny Von Bulow, who said to her husband Claus on their honeymoon, Stop needling me. Never got a dinner!](https://sms4smile.com/quotes/red-buttons/sonny-von-bulow-who-said-to-her-husband-claus-on-their-honeymoon-stop/) [Red Buttons](https://sms4smile.com/quotes/author/red-buttons/) > [Remember, sex is like a Chinese dinner. 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Who wants to have dinner with the same old easy listening music sounding friends all the time?](https://sms4smile.com/quotes/hilton-als/challenging-is-good-like-good-conversation-yes-who-wants-to-have/) [Hilton Als](https://sms4smile.com/quotes/author/hilton-als/) > [Once, as an experiment, I travelled around the world with a single suit. Before I left, I went to a tailor in Savile Row…](https://sms4smile.com/quotes/george-hamilton/once-as-an-experiment-i-travelled-around-the-world-with-a-single-suit/) [George Hamilton](https://sms4smile.com/quotes/author/george-hamilton/) > [I like to be bought flowers and taken out for dinner. I like a man to be a gentleman. I don't like to be…](https://sms4smile.com/quotes/sharon-stone/i-like-to-be-bought-flowers-and-taken-out-for-dinner-i-like-a-man-to/) [Sharon Stone](https://sms4smile.com/quotes/author/sharon-stone/) > [Why should the Marquis de Cussy wage war on soup? I cannot understand a dinner without it. 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