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"We don't put the same amount of money in each stock."

— Walter Schloss
walter schloss Quotes Amount,Investing

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Walter Schloss
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Rather, risk is a perception in each investor's mind that results from analysis of the probability and amount of potential loss from an investment. If an exploratory oil well proves to be a dry hole, it is called risky. If a bond defaults or a stock plunges in price, they are called risky. But if the well is a gusher, the bond matures on schedule, and the stock rallies strongly, can we say they weren't risky when the investment after it is concluded than was known when it was made.

— Seth Klarman

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Spiritual leaders say that as a matter of course prosperity will come when you are pursuing the right things with your life. To feel truly prosperous, you may have to leave the corporate world for good simply because prosperity and freedom go hand in hand. For some people this means having to give up a substantial amount of their income, at least for a certain period of time.

— Ernie J Zelinski

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