"My first rule is not to lose money. Losing an opportunity is minor in comparison, because there are always new opportunities around the corner."
Bert Dohmen, US investor and financial commentator
Source: Wellington Letter (February 1999)
"One way of building private foresight out of public data is looking where others aren’t … if you want to see the future, go to an industry confab and get the list of what was talked about. Then ask, “What did people never talk about?” That’s where you’re going to find opportunity."
Gary Hamel (1954–), US academic, business writer, and consultant
Source: Interview, Strategy + Business (October–December 1997)
"I am far more interested in avoiding risk than I am in capturing every opportunity. My philosophy says that loss of opportunity is preferable to loss of capital."
Joseph DiNapoli, US financial analyst
Source: Quoted in Trading Systems (Joe Krutsinger, 1997)
"I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime."
Jim Rogers (1942–), US investor and author
On his approach to financial trading
Source: Quoted in The New Market Wizards (John D. Schwager, 1992)
"Equal opportunity means everyone will have a fair chance at becoming incompetent."
Laurence J. Peter (1919–1990), Canadian academic and writer
Source: Why Things Go Wrong: The Peter Principle Revisited (1984)
"Companies worry too much about the cost of doing something. They should worry about the cost of not doing it."
Philip Kotler (1931–), US marketing management thinker
Source: Marketing Management (1967)
"When written in Chinese, the word “crisis” is composed of two characters—one represents danger, and the other represents opportunity."
John F. Kennedy (1917–1963), US president
Source: Speech, Indianapolis, Indiana (April 12, 1959)
"Only through curiosity can we discover opportunities, and only through gambling can we take advantage of them."
Clarence Birdseye (1886–1956), US inventor, businessman, and founder of Birds Eye
Source: American Magazine (February 1951)
"One can present people with opportunities. One cannot make them equal to them."
Rosamond Lehmann (1901–1990), British novelist
Source: The Ballad and the Source (1944)
"Next to knowing when to seize an opportunity, the most important thing in life is to know when to forgo an advantage."
Benjamin Disraeli (Earl of Beaconsfield) (1804–1881), British prime minister and novelist
Source: The Infernal Marriage (1834)
"There is a tide in the affairs of menWilliam Shakespeare (1564–1616), English poet and playwright
Which, taken at the flood, leads on to fortune;
Omitted, all the voyage of their life
Is bound in shallows and in miseries."
Source: Julius Caesar (1599), Act 4, Scene 3
"A wise man will make more opportunities than he finds."
Sir Francis Bacon (Viscount St Alban) (1561–1626), English philosopher and statesman
Source: “Of Ceremonies and Respects,” Essays (1597–1625)
"You never need to chase a trade. The market has plenty of opportunities. The money runs out before the opportunities do."
John Saleeby, US financial trader
"Opportunity doesn't knock. It presents itself when you beat down the door."
Kyle Chandler (1965–), US actor
"Opportunities are usually disguised as hard work, so most people don't recognize them."
Ann Landers (1918–2002), US columnist
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