Ibn Khaldun Quotes

Everyone lives by selling something.

We know full well we cannot sell where we do not buy and we cannot sell successfully where we do not carry.

The thing to do is to buy and sell.

Money is the best rule of commerce.

Many an optimist has become rich by buying out a pessimist.

I'm a firm believer in the circle of commerce.

Commerce can never be at a stop while one man wants what another can supply; and credit will never be denied, while it is likely to be repaid with profit.

The craft of the merchant is this bringing a thing where it abounds to where it is costly.

Nobody ever lost money taking a profit.

If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.

Put two Yankees in a room together, and in an hour they will each have gained ten dollars from the other.

To let her dail would be the greatest profit both for the company and for the merchants.

The law of diminishing returns is something I really believe in.

Speculation, in its broadest sense, is not an evil in itself, but the contrary, and relieves public distress far oftener than it creates it.

Commerce is the weapon …., the all powerful arm with which we have entered in earnest, with every prospect of success, upon our conquest of Mexico.

Buying securities is usually easier than selling securities.

Never argue with a profit.

And I also think it's a violin when you're selling it and a fiddle when you're buying it.

Success means making profits and avoiding losses.

The world of commerce is a kind of a purgatory itself.

The big money is not in the buying and selling ... but in the waiting.

People are always trading their excess for somebody else's excess. One country has a lot of aluminum so they trade aluminum for sugar. It's the law of supply and demand.

Texas is made for trade.

The global market does not understand the India risk as well as we do, and therefore, we have the arbitrage facility of making better margin on the same set of Indian firms than what we would have made by giving rupee loans.

If we want, we can be profitable, but we are focusing on growth. We don't comment on profitability, but we do look at it internally. And many of our Ola cities are profitable. But our focus across all cities is growth.