One of the great penalties those of us who live our lives in full view of the public must pay is the loss of that most cherished birthright of man's, privacy.
The art of losing isn't hard to master; so many things seem filled with the intent to be lost that their loss is no disaster.
If you have made a mistake cut your losses as quickly as possible.
Until one has loved an animal a part of one's soul remains unawakened.
The most important thing in making money is not letting your losses get out of hand.
My philosophy is that all stocks are bad. There are no good stocks unless they go up in price. If they go down instead, you have to cut your losses fast Letting losses run is the most serious mistake made by most investors.
You have to minimize your losses and try to preserve capital for those very few instances where you can make a lot in a very short period of time. What you can't afford to do is throw away your capital on suboptimal trades.
I say when you get into a war, you should win as quick as you can, because your losses become a function of the duration of the war. I believe when you get in a war, get everything you need and win it.
If you want to be a proud person, then you want to avenge your loss. For me it was [Josean] Serra and [Joe] Hughes, and for Michael Bisping, Henderson is one of his losses - one of his most painful losses. So I understand why he wants to avenge it. As an athlete I understand.
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