Profit And Loss Quotes

• When we can drain the Ocean into mill-ponds, and bottle up the Force of Gravity, to be sold by retail, in gas jars; then may we hope to comprehend the infinitudes of man's soul under formulas of Profit and Loss; and rule over this too, as over a patent engine, by checks, and valves, and balances.

  Thomas Carlyle

  Ocean, Loss, Technology

  Thomas Carlyle, G. B. Tennyson (1984). “Carlyle Reader”, p.44, CUP Archive

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• Between calculated risk and reckless decision-making lies the dividing line between profit and loss.

  Charles Duhigg

  Lying, Loss, Decision

  "5 Steps To Analyze Risk In Your Business" by Jason Olsen, www.huffingtonpost.com. August 14, 2016.

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• A market system is not a profit system, it's a profit-and-loss system.

  Charles Koch

  Loss, Profit

  Source: www.washingtonpost.com

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• The difference in the profit and loss is usually ... do not quit.

  Walt Disney

  Loss, Differences, Quitting

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• We were always focused on our profit and loss statement. But cash flow was not a regularly discussed topic. It was as if we were driving along, watching only the speedometer, when in fact we were running out of gas.

  Michael Dell

  Running, Loss, Cash Flow

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• There are more ways than one to measure profits and losses.

  Randy Pausch

  Loss, Way, Profit

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• The economic miracle that has been the United States was not produced by socialized enterprises, by government-unon-industry cartels or by centralized economic planning. It was produced by private enterprises in a profit-and-loss system. And losses were at least as important in weeding out failures, as profits in fostering successes. Let government succor failures, and we shall be headed for stagnation and decline.

  Milton Friedman

  Letting Go, Weed, Loss

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• We tend to think of prayer, in spite of ourselves, in terms of profit and loss.

  Michel Quoist

  Prayer, Loss, Thinking

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• If there is excitement in their lives, it is contained in the figures on the profit and loss sheet. What an indictment.

  Anita Roddick

  Business, Loss, Excitement

  Anita Roddick (1994). “Body and soul: profits with principles, the amazing success story of Anita Roddick & the Body Shop”, Three Rivers Press

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• The consumers are asking for, they lose their office. Their task is service to the consumer. Profit and loss are the instruments by means of which the consumers keep a tight rein on all business activities.

  Ludwig von Mises

  Mean, Loss, Office

  Ludwig Von Mises (1969). “Bureaucracy”, ICON Group International

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• The [liberals] consider profits as objectionable. The very existence of profits is in their eyes a proof that wage rates could be raised without harm to anybody. They speak of profit without dealing with loss. Profit and loss are the instruments by means of which the consumers keep a tight rein on all business activities. A profitable enterprise tends to expand; an unprofitable one tends to shrink. The elimination of profit renders production rigid and abolishes the consumer's control.

  Ludwig von Mises

  Mean, Eye, Loss

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• Books are special, books are the way we talk to generations that have not turned up yet. The fact that we can actually, essentially communicate with the people in ancient Egypt, people in Rome and Greece, people in ancient Britain, people in New York in the 1920s who can communicate to us and change the way we think, and change the things that we believe. I think that books are special. Books are sacred. And I think that when you are selling books, you have to remember that in all the profits and loss, in all of that, you are treading on sacred ground.

  Neil Gaiman

  New York, Believe, Book

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• When individual enterprise is free and unhampered, profit-and-loss calculations set precise limits to a businessman's temptations to expand his services... a government valuable they may be, have no market price and, therefore, cannot be subjected to profit-and-loss accounting.

  Hans F. Sennholz

  Loss, Government, Temptation

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• Wherever you look there’s meanness and corruption. This room, this bottle of grape wine, these fruits in the basket, are all products of profit and loss. A fellow can’t live without giving his passive acceptance to meanness. Somebody wears his tail to a frazzle for every mouthful we eat and every stitch we wear—and nobody seems to know. Everybody is blind, dumb, and blunt-headed—stupid and mean.

  Carson McCullers

  Stupid, Wine, Mean

  Carson McCullers (2010). “The Heart Is a Lonely Hunter”, p.69, Houghton Mifflin Harcourt

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• It hurt the economic historians, the Marxists and the fabians, to admit that the Ten Hour Bill, the basic piece of 19th century legislation, came down from the top, out of aa nobleman's private feelings about the Gospel, or that the abolition of the slave trade was achieved, not through the operation of some "law" of profit and loss, but peurlet as the result of tyhe new humanitarianism of the Evangelicals.

  Barbara Tuchman

  Hurt, Loss, Law

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• We are so accustomed to the miracle of private enterprise that we habitually take it for granted. But how does private industry solve the incredibly complex problem of turning out tens of thousands of different goods and services in the proportions in which they are wanted by the public? ... It solves these problems through the institutions of private property, competition, the free market, and the existence of money - through the interrelations of supply and demand, costs and prices, profits and losses.

  Henry Hazlitt

  Loss, Miracle, Competition

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• The highest spiritual quality, the noblest property of mind a man can have, is this of loyalty ... a man with no loyalty in him, with no sense of love or reverence or devotion due to something outside and above his poor daily life, with its pains and pleasures, profits and losses, is as evil a case as man can be.

  Algernon Charles Swinburne

  Loyalty, Spiritual, Pain

  Algernon Charles Swinburne (1926). “The Complete Works of Algernon Charles Swinburne: Prose works”

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• The great virtue of free enterprise is that it forces existing businesses to meet the test of the market continuously, to produce products that meet consumer demands at lowest cost, or else be driven from the market. It is a profit-and-loss system. Naturally, existing businesses generally prefer to keep out competitors in other ways. That is why the business community, despite its rhetoric, has so often been a major enemy of truly free enterprise.

  Milton Friedman

  Business, Loss, Community

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• Would it not be prudent to get our civilization tools together, and see how much stock is left on hand in the way of Glass Beads and Theology, and Maxim Guns and Hymn Books, and Trade Gin and Torches of Progress and Enlightenment (patent adjustable ones, good to fire villages with, upon occasion), and balance the books, and arrive at the profit and loss, so that we may intelligently decide whether to continue the business or sellout the property and start a new Civilization Scheme on the proceeds.

  Mark Twain

  Book, Loss, Gun

  Mark Twain (2004). “The Portable Mark Twain”, p.495, Penguin

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• When television is good, nothing - not the theater, not the magazines or newspapers - nothing is better. But when television is bad, nothing is worse. I invite each of you to sit down in front of your television set when your station goes on the air and stay there for a day without a book, without a magazine, without a newspaper, without a profit and loss sheet or a rating book to distract you. Keep your eyes glued to that set until the station signs off. I can assure you that what you will observe is a vast wasteland.

  Newton N. Minow

  Book, Eye, Loss

  Television and the Public Interest, delivered 9 May 1961, National Association of Broadcasters, Washington, DC

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