Recoup Quotes

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Don’t be afraid to distance yourself from everyone + everything and recoup. sort out your thoughts. listen to your heart. breathe. read a book. write about how much your life has sucked - then write about how much you can’t wait to see the positive changes. relearn yourself. accept all the hurt you’ve been through. forgive anyone and everyone who’s hurt you. even if that means doing it within, and never physically or verbally reaching out. let go. & rejuvenate. take a step away from the chaos, and find peace. within.
Reyna Biddy
A job candidate might say, “I am not experienced in this field, but I am a very fast learner.” An information systems salesperson might state, “Our set-up costs are not the lowest; however, you’ll recoup them quickly due to our superior efficiencies.
Robert B. Cialdini (Pre-Suasion: A Revolutionary Way to Influence and Persuade)
Our deepest wounds require the most time to heal. Our greatest weaknesses require the most strength to overcome. Our greatest losses require the most faith to recoup. Danger will inspire you if you are determined. Risk will intimidate you if you are spineless. Gauge your rewards by the amount of risks you take. Measure your victories by the amount of opposition you have overcome.
Matshona Dhliwayo
Remy took a chair across from Jerado. A chess board and pieces sat in between them. “Are you sure you remember the moves?” Jerado looked forward to recouping his card game losses. “Y ..es. I . . . I practiced the moves in my office. I . . . I also read a scroll on playing the game.” “Then you won’t object to betting on the outcome of the game?” “N . . . o. H . . . ow much?” “Let’s bet a modest sum. Say, twenty-five silver?” Jerado pushed a stack of silver pennies into the middle. “A . . . ll right.” Remy pushed a similar stack forward. “I’’ll let you have the first move,” Jerado said. Remy moved a pawn forward to start the game. Five moves later, Remy said, “C . . . heckmate,” and scooped up the silver coins. Jerado sat stunned for a few moments. “Rematch.” After Remy won four more games — the last for seven gold pennies — Jerado said through clenched teeth, “That’s enough for tonight, Remy. I’m tired.
Hank Quense (The King Who Disappeared)
A civil servant can make rules that are friendly to an industry such as banking—and then go off to J.P. Morgan and recoup a multiple of the difference between his or her current salary and the market rate. (Regulators, you may recall, have an incentive to make rules as complex as possible so their expertise can later be hired at a higher price.)
Nassim Nicholas Taleb (Skin in the Game: Hidden Asymmetries in Daily Life)
Les femmes ne sont pas solidaires en tant que sexe : elles sont d’abord liées à leur classe. Les intérêts des bourgeoises et ceux des femmes prolétaires ne se recoupent pas.
Simone de Beauvoir (The Second Sex)
USDA’s chief flu researcher David Swayne recommended producers try to recoup the costs of culling by selling sick birds for human consumption.
Michael Greger (How to Survive a Pandemic)
We try to recover one (NREM) a little sooner than the other (REM), but make no mistake, the brain will attempt to recoup both, trying to salvage some of the losses incurred. It is important to note, however, that regardless of the amount of recovery opportunity, the brain never comes close to getting back all the sleep it has lost. This is true for total sleep time, just as it is for NREM sleep and for REM sleep. That humans (and all other species) can never “sleep back” that which we have previously lost is one of the most important take-homes of this book, the saddening consequences of which I will describe in chapters 7 and 8.
Matthew Walker (Why We Sleep: The New Science of Sleep and Dreams)
neuroscientists have recently discovered that parts of the brain can fall asleep for a few moments or longer without our realizing it. At any given moment, some circuits in the brain may be off-line, slumbering, recouping energy, and as long as we’re not calling on them to do something for us, we don’t notice.
Daniel J. Levitin (The Organized Mind: The Science of Preventing Overload, Increasing Productivity and Restoring Your Focus)
Electioneering at Rome could be a costly business. By the first century BCE it required the kind of lavish generosity that is not always easy to distinguish from bribery. The stakes were high. The men who were successful in the elections had the chance to recoup their outlay, legally or illegally, with some of the perks of office.
Mary Beard (SPQR: A History of Ancient Rome)
The more improbable the situation and the greater the demands made on [the climber], the more sweetly the blood flows later in release from all that tension. The possibility of danger serves merely to sharpen his awareness and control. And perhaps this is the rationale of all risky sports: You deliberately raise the ante of effort and concentration in order, as it were, to clear your mind of trivialities. It’s a small scale model for living, but with a difference: Unlike your routine life, where mistakes can usually be recouped and some kind of compromise patched up, your actions, for however brief a period, are deadly serious. A. Alvarez            The Savage God:   A Study of Suicide A
Jon Krakauer (Into Thin Air)
Earlier that year Jobs had been hoping to find a buyer for Pixar that would let him merely recoup the $50 million he had put in. By the end of the day the shares he had retained—80% of the company—were worth more than twenty times that, an astonishing $1.2 billion. That was about five times what he’d made when Apple went public in 1980. But Jobs told John Markoff of the New York Times that the money did not mean much to him. “There’s no yacht in my future,” he said. “I’ve never done this for the money.
Walter Isaacson (Steve Jobs)
The most prominent characteristic of capitalism is the wage system, which in brief amounts to this: — A man, or a group of men, possessing the necessary capital, starts some industrial enterprise; he undertakes to supply the factory or workshops with raw material, to organize production, to pay the employés a fixed wage, and lastly, to pocket the surplus value or profits, under pretext of recouping himself for managing the concern, for running the risks it may involve, and for the fluctuations of price in the market value of the wares.
Pyotr Kropotkin (The Conquest of Bread: The Founding Book of Anarchism)
Travis raised his head from sighting down the rifle as shock radiated through him. Those eyes. Such a vivid blue. It was as if he’d seen them before. But that was impossible. Females didn’t exactly pay them calls on a regular basis. Clearing his throat, he readjusted his rifle. “We don’t cotton to trespassers around here, lady. You best skedaddle back the way you came.” “I will. But not until I say my piece.” She pivoted to face him fully, her lashes lowering for just a moment before she aimed her gaze directly at him again. Even knowing what was coming didn’t stop the jolt from ricocheting through his chest when those piercing eyes latched onto him. “I came to warn you, Travis.” Travis? She knew who he was? Most folks meeting the Archers all at once had no way of knowing him from Crockett or Jim. Yet she said his name with the confidence of recognition. He squinted at her. “Look, lady. I don’t know what kind of game you’re playing, but I want no part of it.” “This is no game. Please, Travis. Just listen.” “You know this gal, Trav?” Out of the corner of his eye, he saw his youngest brother start to lower his rifle. “Hush up, Neill, and hold your line.” The kid obeyed without question, firming up his grip. “The man who wants to buy your land is sending men out here tonight to persuade you to change your mind. They plan to set fire to the place while you sleep and force you to accept the next offer in order to recoup your losses.
Karen Witemeyer (Short-Straw Bride (Archer Brothers, #1))
The public offering occurred exactly one week after Toy Story’s opening. Jobs had gambled that the movie would be successful, and the risky bet paid off, big-time. As with the Apple IPO, a celebration was planned at the San Francisco office of the lead underwriter at 7 a.m., when the shares were to go on sale. The plan had originally been for the first shares to be offered at about $14, to be sure they would sell. Jobs insisted on pricing them at $22, which would give the company more money if the offering was a success. It was, beyond even his wildest hopes. It exceeded Netscape as the biggest IPO of the year. In the first half hour, the stock shot up to $45, and trading had to be delayed because there were too many buy orders. It then went up even further, to $49, before settling back to close the day at $39. Earlier that year Jobs had been hoping to find a buyer for Pixar that would let him merely recoup the $50 million he had put in. By the end of the day the shares he had retained—80% of the company—were worth more than twenty times that, an astonishing $1.2 billion. That was about five times what he’d made when Apple went public in 1980.
Walter Isaacson (Steve Jobs)
IRA funds became a form of play money for the middle class... Because the pool of capital that made up an IRA could not be withdrawn for twenty or thirty years, many people viewed their IRAs as containing money they could experiment with. They could use an IRA to buy their first stock or their first mutual fund. They could put in in a money market fund first, and then, as they got bolder - and the bull market became more irresistible - shift some of it into something a little riskier. IRAs gave people a way to try on the stock and bond markets for size, to see how they felt, and to become slowly comfortable with the idea of investing. The knowledge that the money couldn't easily be withdrawn acted as a psychological safety net, allowing investors to feel as though they could take a chance or two. If they made a mistake, they reasoned, there was still time to recoup - several decades, perhaps.Over time, many people came to believe that it as imperative to maximize the returns they were getting on their IRA account, even at the risk of taking a loss. How else would they ever have enough to retire on? This, surely, is the classic definition of investment capital.
Joe Nocera (A Piece of the Action: How the Middle Class Joined the Money Class)
Why would intelligent, capable British and French government officials continue to invest in what was clearly a losing proposition for so long? One reason is a very common psychological phenomenon called “sunk-cost bias.” Sunk-cost bias is the tendency to continue to invest time, money, or energy into something we know is a losing proposition simply because we have already incurred, or sunk, a cost that cannot be recouped. But of course this can easily become a vicious cycle: the more we invest, the more determined we become to see it through and see our investment pay off. The more we invest in something, the harder it is to let go. The sunk costs for developing and building the Concorde were around $1 billion. Yet the more money the British and French governments poured into it, the harder it was to walk away.3 Individuals are equally vulnerable to sunk-cost bias. It explains why we’ll continue to sit through a terrible movie because we’ve already paid the price of a ticket. It explains why we continue to pour money into a home renovation that never seems to near completion. It explains why we’ll continue to wait for a bus or a subway train that never comes instead of hailing a cab, and it explains why we invest in toxic relationships even when our efforts only make things worse. Examples
Greg McKeown (Essentialism: The Disciplined Pursuit of Less)
I'm unaccustomed to being cooped up all day-I really must insist that you permit me to enjoy a short walk." "Not on your life," Fletcher growled. From the sound, Breckenridge realized the group had moved closer to the tap. "You don't need to think you're going to give us the slip so easily," Fletcher said again. "My dear good man"-Heather with her nose in the air; Breckenridge could tell by her tone-"just where in this landscape of empty fields do you imagine I'm going to slip to?" Cobbins opined that she might try to steal a horse and ride off. "Oh,yes-in a round gown and evening slippers," Heather jeered. "But I wasn't suggesting you let me ramble on my own-Martha can come with me." That was Martha's cue to enter the fray, but Heather stuck to her guns, refusing to back down through the ensuing, increasingly heated verbal stoush. Until Fletcher intervened, aggravated frustration resonating in his voice. "Look you-we're under strict orders to keep you safe, not to let you wander off to fall prey to the first shiftless rake who rides past and takes a fancy to you." Silence reigned for half a minute, then Heather audibly sniffed. "I'll have you know that shiftless rakes know better than to take a fancy to me." Not true, Breckenridge thought, but that wasn't the startling information contained in Fletcher's outburst. "Come on, Heather-follow up." As if she'd heard his muttered exhortation, she blithely swept on. "But if rather than standing there arguing, you instead treated me like a sensible adult and told me what your so strict orders with respect to me were, I might see my way to complying-or at least to helping you comply with them." Breckenridge blinked as he sorted through that pronouncement; he could almost feel for Fletcher when he hissed out a sigh. "All right," Fletcher's frustration had reached breaking point. "If you must know, we're to keep you safe from all harm. We're not to let a bloody pigeon pluck so much as a hair from your head. We're to deliver you up in prime condition, exactly as you were when he grabbed you." From the change in Fletcher's tone, Breckenridge could visualize him moving closer to tower over Heather to intimidate her into backing down; he could have told him it wouldn't work. "So now you see," Fletcher went on, voice low and forceful, "that it's entirely out of the question for you to go out for any ramble." "Hmm." Heather's tone was tellingly mild. Fletcher was about to get floored by an uppercut. For once not being on the receiving end, Breckenridge grinned and waited for it to land. "If, as you say, your orders are to-do correct me if I'm wrong-keep me in my customary excellent health until you hand me over to your employer, then, my dear Fletcher, that will absolutely necessitate me going for a walk. Being cooped up all day in a carriage has never agreed with me-if you don't wish me to weaken or develop some unhealthy affliction, I will require fresh air and gentle exercise to recoup." She paused, then went on, her tone one of utmost reasonableness, "A short excursion along the river at the rear of the inn, and back, should restore my constitution." Breckenridge was certain he could hear Fletcher breathing in and out through clenched teeth. A fraught moment passed on, then, "Oh, very well! Martha-go with her. Twenty minutes, do you hear? Not a minute more." "Thank you, Fletcher. Come, Martha-we don't want to waste the light." Breckenridge heard Heather, with the rather slower Martha, leave the inn by the main door. He sipped his ale, waited. Eventually, Fletcher and Cobbins climbed the stairs, Cobbins grumbling, Fletcher ominously silent. The instant they passed out of hearing, Breckenridge stood, stretched, then walked out of the tap and into the foyer. Seconds later, he slipped out of the front door.
Stephanie Laurens (Viscount Breckenridge to the Rescue (Cynster, #16; The Cynster Sisters Trilogy, #1))
I’m telling you, you bastard, you’re going to pay for that rum. In gold or goods, I don’t care which.” “Captain Mallory.” Gray’s baritone was forbidding. “And I apply that title loosely, as you are no manner of captain in my estimation…I have no intention of compensating you for the loss of your cargo. I will, however, accept your thanks.” “My thanks? For what?” “For what?” Now O’Shea entered the mix. “For saving that heap of a ship and your worthless, rum-soaked arse, that’s what.” “I’ll thank you to go to hell,” the gravelly voice answered. Mallory, she presumed. “You can’t just board a man’s craft and pitch a hold full of spirits into the sea. Right knaves, you lot.” “Oh, now we’re the knaves, are we?” Gray asked. “I should have let that ship explode around your ears, you despicable sot. Knaves, indeed.” “Well, if you’re such virtuous, charitable gents, then how come I’m trussed like a pig?” Sophia craned her neck and pushed the hatch open a bit further. Across the deck, she saw a pair of split-toed boots tied together with rope. Gray answered, “We had to bind you last night because you were drunk out of your skull. And we’re keeping you bound now because you’re sober and still out of your skull.” The lashed boots shuffled across the deck, toward Gray. “Let me loose of these ropes, you blackguard, and I’ll pound you straight out of your skull into oblivion.” O’Shea responded with a stream of colorful profanity, which Captain Grayson cut short. “Captain Mallory,” he said, his own highly polished boots pacing slowly, deliberately to halt between Mallory’s and Gray’s. “I understand your concern over losing your cargo. But surely you or your investor can recoup the loss with an insurance claim. You could not have sailed without a policy against fire.” Gray gave an ironic laugh. “Joss, I’ll wager you anything, that rum wasn’t on any bill of lading or insurance policy. Can’t you see the man’s nothing but a smuggler? Probably wasn’t bound for any port at all. What was your destination, Mallory? A hidden cove off the coast of Cornwall, perhaps?” He clucked his tongue. “That ship was overloaded and undermanned, and it would have been a miracle if you’d made it as far as Portugal. As for the rum, take up your complaint with the Vice Admiralty court after you follow us to Tortola. I’d welcome it.
Tessa Dare (Surrender of a Siren (The Wanton Dairymaid Trilogy, #2))
My biography of Jill, the trips to Dubrovnik, were all part of Michael’s effort to recoup his loss and turn it into a kind of celebration.
Carl Rollyson (A Private Life of Michael Foot)
We evolved as an organism that had to expend energy to acquire energy. This was the work-based way by which we acquired food and shelter to survive. It required a minimal level of activity, with intermittent high levels of muscular exertion and intensity. A balance was struck between the catabolic state that was a by-product of the exertion necessary to sustain ourselves and the anabolic state of being able to rest and recoup the energy required to obtain the nutrition needed to fuel the activities involved in our survival.
John Little
Oddly, almost no one seems to have expressed gratitude to the British and American banks, which recouped something like half of their losses. It may be that people simply don’t thank banks, except in television commercials.
John Brooks (Business Adventures: Twelve Classic Tales from the World of Wall Street)
THE ROAR of the death blast on the Avenue of the Americas cannot be heard in faraway Johannesburg. With eight weeks to go to the opening game in Soccer City, Sepp Blatter and his South African capos have enough problems. Outraged by price gouging, fans are staying home. In the townships citizens protest every day; ‘Service riots’ send messages to politicians that public money should be spent on homes, water, sewage plants and jobs, not stadiums that will become white elephants. Why should they listen? They have the police beat back the protestors. The World Cup is good news for Danny Jordaan, leader of the bid and now chief executive for the tournament. Quietly, his brother Andrew has been given a well-paid job as Hospitality liaison with MATCH Event Services at the Port Elizabeth stadium. A stakeholder in the MATCH company is Sepp Blatter’s nephew Philippe Blatter. The majority owners are Mexican brothers Jaime and Enrique Byrom, based in Manchester, England, Zurich, Switzerland and with some of their bank accounts in Spain and the Isle of Man. The Brothers are not happy. Sepp Blatter awarded them the lucrative 2010 hospitality contract aimed at wealthy football patrons, mostly from abroad. If that wasn’t enough, Blatter also gave them the contract to manage and distribute the three million tickets. The brothers are charging top rates for hotels and internal flights and expected to make huge profits. Instead, they are on their way to losing $50 million. They plan to recoup these losses in Brazil in four years time.
Andrew Jennings (Omertà: Sepp Blatter's FIFA Organised Crime Family)
recouping the church subsidies was pivotal in the Republic’s release of funds for other reforms, especially for (public) primary education.
Helen Graham (The War and Its Shadow: Spain's Civil War in Europe's Long Twentieth Century (The Canada Blanch / Sussex Academic Studies on Contemporary Spain))
Technically, it is possible for one fae to sue another, but it’s a mighty endeavor. It requires a lawyer, not of human law, but of the fae. They’re hard to come by and very expensive. It also requires a court date, and the presence of at least three Elders, and witnesses, all of whom must be paid by the person who files the suit. In other words, unless you know you’re going to win and somehow recoup your expenses, it’s a major waste of time.
Jamie Sedgwick (Murder in the Boughs (Hank Mossberg, Private Ogre: #1))
Occasionally, I give kids days off. If a child seems to be losing ground at school, return him home for a few days or even a week or two to recoup. He rests from so much outside contact, and gets recharged to cope with the world in a constructive way again. Parents usually only use a few days a year, so school progress is not much affected. For the occasional child who is out ten days in a year, the problems are serious enough that school achievement is secondary to health. In these cases the school is the communication loop with parents and therapist. Working parents have used sick days to stay out with their child. Some parents have asked a grandparent or relative to come in while they work. Often the regression has so worn the parent down, that a two-day break is a welcome respite for both of them to sleep in and recharge. Using these breaks has helped keep kids from ruining the gains that they have made in the school and community over a series of months. While these breaks need to be used judiciously, they have helped children to keep friendships and reputations that would otherwise be at risk.
Deborah D. Gray (Attaching in Adoption: Practical Tools for Today's Parents)
Sunk-cost bias is the tendency to continue to invest time, money, or energy into something we know is a losing proposition simply because we have already incurred, or sunk, a cost that cannot be recouped.
Greg McKeown (Essentialism: The Disciplined Pursuit of Less)
Of Rome's wealth in the Middle Ages de Rosa says: "The cardinals had huge palaces with countless servants. One papal aide reported that he never went to see a cardinal without finding him counting his gold coins. The Curia was made up of men who had bought office and were desperate to recoup their enormous outlay. . . . For every benefice of see, abbey and parish, for every indulgence there was a set fee. The pallium, the two-inch-wide woollen band with crosses embroidered on it . . . paid for by every bishop. . . brought in. . . hundreds of millions of gold florins to the papal coffers. . . . [T]he Councilof Basle in 1432 was to call it 'the most usurious contrivance ever invented. . . . '" De Rosa continues:       Dispensations were another source of papal revenue. Extremely severe, even impossible, laws were passed so that the Curia could grow rich by selling dispensations . . . [such as] from fasting during Lent. . . . Marriage in particular was a rich source of income. Consanguinity was alleged to hold between couples who had never dreamed they were related. Dispensations from consanguinity in order to marry amounted to a million gold florins a year.26 An Eyewitness Account from Spain D. Antonio
Dave Hunt (A Woman Rides the Beast)
In 1645 (at the beginning of the two-centuries-long era of slavery), records show the purchase of 1,000 slaves for Barbadian cane sugar production. A commentator noted that more slaves would soon be on their way, for so lucrative was the sugar industry, and so low the value of human life, that within eighteen months, slaves had recouped their strike-price for their masters.
Raj Patel (Stuffed and Starved: The Hidden Battle for the World Food System - Revised and Updated)
Alcohol & Drug Rehab in Arizona Settling on the choice to go to a liquor and medication recovery in Arizona can be excellent. There are various individuals in our state doing engaging in addictions, and for them, it is evidently miserable. They may not consider their choices for recuperation, or they may feel that recovery essentially doesn't work. At SpringBoard Recovery, we need individuals to comprehend that help is accessible. While there are various individuals with addictions in Arizona, there are additionally various individuals who have recouped effectively. It requires some endeavor and work, at any rate for the individuals who are happy to contribute the exertion, they can encounter a regular presence that is liberated from substance misuse. HOW SERIOUS IS THE NEED FOR REHAB IN ARIZONA? Liquor and remedy recovery focus in Arizona are regular. There are various individuals here who battle with medication and liquor addictions. Endless these people feel like they have no longing. They can't perceive any approach to manage quit utilizing, in like manner, they offer up to being dynamic in their addictions for the remainder of their lives. We need individuals to comprehend that there is want and recuperation is conceivable. By and large, we need to investigate what the assessments need to state about the essential for recovery programs in Arizona.
Alcohol & Drug Rehab in Arizona
In exchange, the FDIC would get $12 billion in Citigroup preferred stock and warrants, giving it a way to potentially recoup money for its fund.
Henry M. Paulson Jr. (On the Brink: Inside the Race to Stop the Collapse of the Global Financial System - With a Fresh Look Back Five Years After the 2008 Financial Crisis)
They were strong. Fierce.” I nodded, her eyes holding mine. And in her words I saw the promise. The memory. The equality of women in the tribe. “In war,” Aggie said, her voice going softer, “it was important that the losses in battle be compensated. If warriors of the tribe were killed, no matter if our people won a battle or lost, those warriors had value that had to be replaced in some way. After a battle, the Tsalagi would take the same number of prisoners, scalps, or lives that they lost.” Aggie paused, watching my face. Even more gently, she said, “Women led in the execution of prisoners. In the torture of prisoners. In the buying and selling of prisoners as slaves to recoup the financial cost of war. In the adoption of prisoners into the tribe. Such was the right and responsibility of women. As mothers. As widows. As warriors in their own right. “There was no one more fierce than a woman avenging her husband or son.
Faith Hunter (Black Arts (Jane Yellowrock, #7))
For someone who is fifty pounds overweight, losing three to five pounds over half a year is a frustrating drop in the bucket. Accordingly, a stock response to these studies has been to declare exercise futile for trimming your waist. Before we entirely dismiss the weight control benefits of walking, the most fundamental type of endurance physical activity, let’s examine the major arguments behind this contention through the lens of evolutionary anthropology. The first is the specter of compensatory mechanisms, notably fatigue and hunger. If I walk ten thousand extra steps, I’ll be more tired and hungry, so I’ll rest and eat more to recoup lost calories. From an evolutionary perspective, these urges make sense. Because natural selection ultimately favors those who can allocate as much energy as possible to reproduction, our physiology has been tuned over millions of generations to hoard energy, especially fat. Further, because almost no one until recently was able to become overweight or obese, our bodies primarily sense if we are gaining or losing weight rather than how much excess fat we have. Whether you are skinny or stout, negative energy balance—including dieting—causes a starvation response that helps us restore energetic equilibrium or, better yet, gain weight so we can shunt more energy toward reproduction.35 It’s unfair, but losing ten pounds elicits food cravings and the desire to be inactive regardless of whether one is skinny or obese.
Daniel E. Lieberman (Exercised: Why Something We Never Evolved to Do Is Healthy and Rewarding)
Twitter @PhillyD: Best part of being a Dad is I can do almost anything and people are like OMG YOU’RE THE BEST DAD IN THE WORLD!!! I’m like . . . for making my son a PBJ? Meanwhile my wife who does 90% of the work can tweet how she needs an hour for herself to recoup and people will try to shame her.
Eve Rodsky (Fair Play: A Game-Changing Solution for When You Have Too Much to Do (And More Life to Live))
Con artists know all about dissonance and self-justification. They know that when people who think of themselves as smart and capable are faced with the evidence that they spent thousands of dollars on a magazine-subscription scam (yes, those still exist) or were lured into a romance with a fraudulent but seductive online Romeo (or Juliet), few will reduce dissonance by deciding they aren’t smart and capable. Instead, many will justify spending that money by spending even more money to recoup their sunk costs—their losses. This way of resolving dissonance protects their self-esteem but virtually guarantees their further victimization
Carol Tavris (Mistakes Were Made (But Not by Me): Why We Justify Foolish Beliefs, Bad Decisions, and Hurtful Acts)
Yeah I'm one broken mofo. I still care for myself tho. Keep it tidy. Still fit. No one does blip for me. I still eat and mingle with nature. Still recovering. Depression is a bear. It doesn't help that my ever best friend spits bullets. I asked one innocent thing. I begged to drop g's no strings attached. I knew we'd hit it off, maybe for life. I ached for it. Your gift, my trampoline. A hug. Some fun. Some delightful brain food. A happy that would last ages. It's a catch-22 scenario. I begin in the negative to someday find happiness, but I need happiness to get me out of the negative. What am I supposed to do? Take drugs? I teemed for 24 hours anticipating you. That was quite a drug. You call it a conversation? Nah, we be flingin. It's something; a dash of hope. You guesser, judge, jury, executioner. Thinkin I'm some monster by default. Guesser of what I meant. Guessed wrong. It's a choice. You could help pull out the knife or stick it in deeper and twist it around. You do what you enjoy killa. For years I was the only one with a stable income. They told me I was too stupid for school. Instead, I worked to support my family. I worked near 24/7. Then wham, catastrophe. Eugenics at play. Without a support system or tools to defend, you're tossed. I had a lawsuit but I failed to act in time. From zero and stranded in the sticks, I failed lots, threw away lots, I managed to make some money with my skills. Eventually I helped get a house in a decent neighborhood. They let a drug addicted hooker in. I fought the drug fiends. I paid the mortgage debt, several months behind, to save the place, but in the end, I couldn't win. They insisted on moving here. I was the only one with money. I came with to battle the new crisis and to recoup my losses until I figured out what to do next. Couldn't just abandon the kids. Over time the situation improved. Drugs were defeated. I didn't intend to stay. This place got to me. I am ashamed and battered by it all. No, I don't mess with drugs. I found the landscape of my field where most of the jobs are at has changed extensively over the years. I wasn't concentrated on that area. I'm obsolete. Without a degree, you're auto discarded. Still ways in, but I need to be on my A-game. Not going anywhere without exuding confidence. I'm all twisted up inside. Loneliness eating at me. Cold cruel world. My best friend dodgin me. All work, all alone, as it's always been. Can't do it all alone. In the end, what do I get? A hostile mob? Walked in for a chat. What I got was wacked.
Anonymous
In general, you should not give up too much happiness for too long (clinging to the mistaken belief that you will be able to recoup the loss at some point later on in life). Don’t put off until tomorrow happiness that can be experienced today.
Paul Dolan (Happiness by Design: Change What You Do, Not How You Think)
Punk was perhaps also a reaction to the decision by record companies to concentrate on what they thought of as guaranteed earners rather than taking risks with new acts – whereas in the 1960s they would have signed up anything with long hair, even a sheepdog. Nearly thirty years later the same is true once again. If a record company pays a huge amount of money for an established act, it is odds on that they will recoup the investment; they could spend the same amount on a dozen new bands and lose the whole lot. Financially it is perfectly understandable, but it does not foster fresh talent. One of the messages of punk was that it was possible to make records for thirty quid and some change. Although we could sympathise with the sentiments, we were, however, on the wrong side of the divide, as far as the punk generation were concerned. ‘Of course, you don’t want the world populated only with dinosaurs,’ I said at the time, ‘but it’s a terribly good thing to keep some of them alive.
Nick Mason (Inside Out: A Personal History of Pink Floyd (Reading Edition): (Rock and Roll Book, Biography of Pink Floyd, Music Book))
Transferring childcare from a mainly unpaid feminised and invisible form of labour to the formal paid workplace is a virtuous circle: an increase of 300,000 more women with children under five working full-time would raise an estimated additional £1.5 billion in tax.84 The WBG estimates that the increased tax revenue (together with the reduced spending on social security benefits) would recoup between 95% and 89% of the annual childcare investment.85 This is likely to be a conservative estimate, because it’s based on current wages – and like properly paid paternity leave, publicly funded childcare has also been shown to lower the gender pay gap. In Denmark where all children are entitled to a full-time childcare place from the age of twenty-six weeks to six years, the gender wage gap in 2012 was around 7%, and had been falling for years. In the US, where childcare is not publicly provided until age five in most places, the pay gap in 2012 was almost double this and has stalled.
Caroline Criado Pérez (Invisible Women: Data Bias in a World Designed for Men)
In many countries, customers are charged no explicit transaction fees, as payers or payees. The FSP in these cases is recouping costs, and possibly making a profit, from related service fees or revenue sources such as account balances. The most typical, and most lucrative, of these “adjacencies” is lending: account balances (arguably there because of incoming and outgoing payments) are used by the bank to lend money, profitably, to other customers.
Carol Coye Benson (Global Payments: And the Fintech Innovations Changing the Industry)
Within a day, all the losses were recouped.
Liaquat Ahamed (Lords of Finance: The Bankers Who Broke the World)
My biggest mistakes include, but are not limited to: Revenge trading. Repeatedly trading the same choppy stock over and over as if it personally owes me money. Overtrading. Thinking I can recover from losses by taking low quality setups in rapid succession. Not stopping at my daily goal or 11:30 AM. Slowly giving back all of my gains. Not stopping out. Freezing like a deer in the headlights and letting a small loss grow into a big one. Not taking a break after a bad trade. Continuing to trade when my psychology is in tatters. Thinking I need to be in every move. Forcing bad trades rather than waiting for the chart to provide confirmation. Averaging down. Increasing share size when losing. Trying to double down and recoup losses.
Andrew Aziz (Mastering Trading Psychology)
Right on the eve of Tidewater’s success, Rockefeller decided that he might recoup in the political arena what he was on the verge of losing in the economic sphere.
Ron Chernow (Titan: The Life of John D. Rockefeller, Sr.)
6. No matter what, the chips stay on the table. Despite the “going all in” analogy, I don’t compare this life to gambling. In this game, the house doesn’t win because you stayed to play. Being an entrepreneur means thinking in years rather than months. The worst thing you could do in any cycle is trade a long-term risk for a short-term win. When it comes to building a seven-figure business, here’s the mindset you should take on: The longer you can keep your chips on the table, the bigger your end result is going to be. This means not taking an income from the business as soon as you’re profitable. It means keeping the profits in play for the business rather than for your own bank account. Put simply, it means reinvesting rather than recouping. The time frame I recommend for reinvesting profits is a year, at least. During that year, you’ll be working for very little payoff. You’ll be putting every dime you make back into the business. If you can stick it out, then you will increase your chances of success exponentially.
Ryan Daniel Moran (12 Months to $1 Million: How to Pick a Winning Product, Build a Real Business, and Become a Seven-Figure Entrepreneur)
All that mattered was for investors to be able to recoup investments that were largely driven by the knowledge that Puerto Rico’s bonds were triple-tax exempt and that it had no bankruptcy protection.
Ed Morales (Fantasy Island: Colonialism, Exploitation, and the Betrayal of Puerto Rico)
Although those who wait long enough will eventually recoup losses on a diversified portfolio of stocks, buying stocks at or below their historical valuation is the best way to guarantee superior returns.
Jeremy J. Siegel (Stocks for the Long Run: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies)
My mom used to argue that tombstones don’t list jobs. They list relationships—daughter, wife, mother. Forget everything else right now; I need to recoup the wife part.
Barbara Delinsky (Escape)
You will not sell the books for less than 10 Shillings.”51 This was equal to $1.25, which was 50 cents lower than the original price. At twice the amount a common laborer earned per day, the sale of books was slow even at a discounted price.52 Moreover, due to an agreement with the Smith family on January 16, 1830, Harris was only entitled to half of the proceeds from sales until his debt to the publisher, Egbert B. Grandin, was paid off, which meant that Harris would not recoup his original $3,000 investment until the entire print run of 5,000 copies was sold.53 According to Henry Harris, the original price for the Book of Mormon was set by revelation and Martin told him that another revelation reduced the price.54
Dan Vogel (Charisma under Pressure: Joseph Smith, American Prophet, 1831–1839)
stubbornly clinging to the illusion that the costs would eventually be recouped from Germany.
Liaquat Ahamed (Lords of Finance: The Bankers Who Broke the World)
If you purchased a building for $200,000 but were eligible to depreciate $5,000 of its value, you would effectively pay just $195,000. If you take depreciation deductions and then sell the property, the $5,000 will be used to pay back those costs. A 25% tax is applied to the recouped funds. If the building were sold for $210,000, the net gain would be $15,000. However, $5,000 of that total would be considered recoupment of the tax break. A maximum of 25% of the amount reclaimed is taxed as regular income. The remaining $10,000 in capital gain would be taxed at the zero, fifteen, or 20% rates described above.
Martin J. Kallman (Small Business Taxes: The Most Complete and Updated Guide with Tips and Tax Loopholes You Need to Know to Avoid IRS Penalties and Save Money)
(12) About “Infecting” (一、うつらかすと云事) All things can be infectious. Drowsiness is infectious, as is yawning. Even time is communicable. In large-scale strategy, if you sense that the enemy is agitated and hesitant, pretend not to notice and take your time. Seeing this reaction, the enemy will drop their guard. With your mind set free, attack mercilessly the instant the enemy has been infected by your inaction. With individual combat, loosen your body and spirit and, as your opponent inadvertently follows suit, seize the initiative to attack powerfully and quickly. There is a similar tactic, “making the enemy drunk.” You contaminate his mind by exhibiting listlessness, hesitancy or weakness. Be sure to explore this strategy thoroughly. (13) About “Eliciting Agitation” (一、むかつかすると云事) There are many ways in which one can become agitated, such as being within an inch of danger. A second way is when faced with an impossible task. The third way is through surprise. Study this. In large-scale strategy, it is important to know how to evoke irritation in the enemy. By suddenly assaulting with vim and vigor when they least expect it, and not giving them a chance to recoup, you can seize the initiative and finish them off in their moment of indecision. For individual combat, trick the enemy by moving slowly at first and then suddenly attack him with force. It is imperative to not let up, crushing him according to the movement of his body and the fluctuations of his mind. Learn this method well. (14) About “Invoking Fear” (一、おびやかすと云事) Many things can invoke fear. Fear is aroused when the unexpected happens. With large-scale strategy, fear can be conjured in the enemy not only by what they see. Fear can be incited by bellowing, making something small seem greater in size, or by unexpectedly assaulting their flank. Victory is gained by taking advantage of the enemy’s muddled cadence prompted by a moment of terror. In the case of individual combat, it is important to beat your opponent by doing something unexpected with your body, sword or voice to startle him. Study this well. (15) About “Blending” (一、まぶるると云事) When you clash with the advancing enemy and an impasse has been reached, this is the time to become one with him through “blending.” From within the tussle you must find an opportunity to win. In both large- and small-scale strategy, when the engagement languishes because both are fighting with equal force, blend with the enemy so that it is impossible to make a distinction. From there you can find an opening and to seize victory, winning strongly. Study this tactic in detail.
Alexander Bennett (The Complete Musashi: The Book of Five Rings and Other Works)
My sister, she’s one tough bitch. That’s what I tell my friends.” “I’m a bit concerned you called me a bitch to your friends.” Gabe chuckled. “Only in a good way. You’re an alpha. But alphas need to rest. And they need to recoup. And they need to cry and be vulnerable and take a break from taking care of everyone.
Alisha Rai (The Right Swipe (Modern Love, #1))
Absolutely. I learned to avoid trying to catch up or double up to recoup losses. I also learned that a certain amount of loss will affect your judgment, so you have to put some time between that loss and the next trade.
Jack D. Schwager (Market Wizards: Interviews with Top Traders)
The bill created a new market on which Koch’s traders could buy and sell megawatt-hours: a market called the California Power Exchange. It was basically a wholesale market where utilities bought power, thousands of megawatt-hours at a time, to meet their customers’ needs. There was a wrinkle in this exchange that would later cause calamity. The prices on the Power Exchange could float with market conditions. But the prices that utilities could charge their customers for the power they bought on the exchange were frozen. The utility companies had pressed to freeze customer rates at high levels as a way to recoup the $20 billion to $30 billion in power plant upgrades the utilities made before the new law forced them to sell those same power plants. The state agreed to freeze electricity rates—at a price that was higher than wholesale power—so the utilities would be guaranteed a comfortable profit margin for the first few years of deregulation. When everything went south later, trading companies like Enron, who were actually breaking the law, would scapegoat the rate freeze and call it a “price cap,” using it as evidence that California had created a distorted marketplace that was simply begging to be exploited. In fact, the rate freeze was not a cap at all but a floor—a guarantee that prices would be high enough for the utilities to recoup their sunk costs. It appears that virtually no one in 1998 believed that wholesale electricity prices might actually go higher in the age of deregulation.
Christopher Leonard (Kochland: The Secret History of Koch Industries and Corporate Power in America)
When you have wounded you find a place to hold up and hide. Recoup. Restock. Heal. Then move and keep moving.
Phil Maxey (Deadweight: A Zombie Apocalypse Thriller (Infernal Contagion Book 2))
Comme le remarque David Olivier, l’opposition humanité/animalité recoupe souvent l’opposition altruisme/égoïsme ou bien/mal. Aider une personne qui meurt de froid sur le trottoir devient «ne pas la laisser crever comme un chien». Aider des personnes lointaines devient de l’«humanitaire». Notre horreur de la boucherie nazie devient horreur du fait de «traiter les hommes comme des animaux». Jouir de nos facultés devient «s’épanouir en tant qu’êtres humains». Notre condition commune d’êtres souffrants et jouissants devient «tous les hommes sont égaux». Et même défendre les animaux devient vouloir «les traiter humainement»[7].
Martin Gibert (Voir son steak comme un animal mort: Véganisme et psychologie morale (French Edition))
At its core, magic demands balance. Whatever you take will be recouped, and it is not the wielder who determines the price.
Rebecca Yarros (Iron Flame (The Empyrean, #2))
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stersimakomi
When you measure the pace of recovery, a mere six hundred thousand of the six million manufacturing sector jobs lost from 2000 to 2009 have been recouped.73
Marc Lamont Hill (Nobody: Casualties of America's War on the Vulnerable, from Ferguson to Flint and Beyond)
What is one of the best or most worthwhile investments you’ve ever made? Investing in Cobra back in the early ’90s. My $ 1.8 million investment earned me $ 40 million after the company was bought by Acushnet. I rolled that money back into my business. The decision was a no-brainer for three reasons: My investment got me 12 percent of Cobra and the allocation of my investment was put to R& D. During this era, Callaway was the first to go to market with an oversize driver but neglected to follow up on oversize irons. We/ Cobra decided to attack this virgin market immediately by producing oversize irons for men and women, and we catered for the senior player, which had been left neglected. This decision was a solid rocket booster for Cobra’s massive growth in the marketplace. I was to remain an endorsed player representing Cobra for years to come, receiving an annual payment that would quickly recoup my initial investment. So, my ROI was always guaranteed, leaving me with 12 percent of a company that had hyper growth. I was the #1 player in the world during these halcyon times—a global player. So, fortunately for us, I was a needle-mover in regards to exposure in a sport that was booming in the ’80s, hence product promotion and awareness.
Timothy Ferriss (Tribe Of Mentors: Short Life Advice from the Best in the World)
In conclusion: Don’t cling to things. Consider your property something that the “universe” (whatever you believe this to be) has bestowed to you temporarily. Keep in mind that it can recoup this (or more) in the blink of an eye.
Rolf Dobelli (The Art of Thinking Clearly)
The cost of buying and installing the latest Tesla Powerwall is more than $10,000. The cost of installing solar panels on top of that ranges from $10,000 to $30,000.4 Helen and I pay about $100 per month for electricity. It would thus take at least 200 months, or more than seventeen years, for us to recoup our investment.
Michael Shellenberger (Apocalypse Never: Why Environmental Alarmism Hurts Us All)
Je repousse aussi la tendance contemporaine qui consiste à croire qu'on doit être démocrate si l'on est chrétien, sous prétexte que les principes chrétiens et les principes démocratiques se recoupent sur certains points. Bien sûr, ils coïncident sur le respect dû à l'homme, mais nullement sur la structure idéale de la société. Croyez-moi, si le bon Dieu avait été démocrate, il l'aurait fait savoir.
Vladimir Volkoff (Pourquoi je suis moyennement démocrate)
Sunk-cost bias is the tendency to continue to invest time, money, or energy into something we know is a losing proposition simply because we have already incurred, or sunk, a cost that cannot be recouped. But of course this can easily become a vicious cycle: the more we invest, the more determined we become to see it through and see our investment pay off. The more we invest in something, the harder it is to let go.
Greg McKeown (Essentialism: The Disciplined Pursuit of Less)
This trying time did take a toll on my mental bearing. I turned to classical music for the healing touch and to recoup. There were days when I would wake up in the wee hours and start practising vocal music vigorously. I never bothered if I sounded great or not; the very exercise gave me tremendous amounts of mental calmness...
K. Radhakrishnan (My Odyssey: Memoirs of the Man behind the Mangalyaan Mission)
Jesus’ day, collecting taxes for the Romans or for Herod could make you a rich man; in fact, you had to be rich to even apply for the job. The right to collect taxes went to the highest bidder, who then had to recoup his costs and his profits from the people. It was a system that fed corruption and was a cruel reminder to the Jewish people of their oppression. To a Pharisee any house entered by a tax collector was defiled.
Steve Addison (What Jesus Started: Joining the Movement, Changing the World)
Nestled in the tropics of the Coral Sea, New Caledonia was a French territory and where Julie and Marc had just sold the sailboat that took them 15,000 miles around the world. Of course, recouping their initial investment had been part of the plan. All said and done, their 15-month exploration of the globe, from the gondola-rich waterways of Venice to the tribal shores of Polynesia, had cost between $18,000 and $19,000. Less than rent and baguettes in Paris.
Timothy Ferriss (The 4-Hour Workweek)
In the aforementioned Intellectual Birdhouse, which focuses on artistic practice as research, Michael Schwab examines the role of the artists' artist and, in doing so, extends Foster's reflections when discussing 'love value' over exchange value. Drawing on the work of Bourdieu among others, Schwab describes what values the new archival context suggests for institutions that are looking to recoup their losses: "the 'artists' artist' is too epistemologically demanding on the market, which fails to capitalize (often during the lifetime of the artist) on the symbolic value that is produced while he or she delivers epistemological gain to his or her peers, who appear to be the only ones who are able to perceive such value in advance of the market." Schwab is arguing that the role of the artist in the production of knowledge through artistic research extends and can be differentiated from symbolic value. It is not the market that distinguishes the value of an artist to the artist, it is their epistemic value. In other words, it is what we can learn from that artist, not just their artworks. This produces a dilemma for the established institution that struggles to identifY the cultural significance and value of the 'artists' artist' until late, sometimes too late, in the lifetime of the subject. It is not necessarily just a lack of vision on the part of museum staff, archivists and curators, but the values these institutions are increasingly forced to place on spectacular exhibitions in order to survive through corporate and media driven sponsored relations. Archivists themselves acknowledge this limitation of working within institutions that have little room to speculate on cultural value except through established forms, such as the emerging contemporary markets. Many seek out and must work in new emerging archives, such as Flat Time House. However, I would also argue that it is the artist's understanding of the potential value of' 'becomingness' through cultural capital that applies to the present moment too. As has been stated by Derrida, the 'vision' to see what needs to be archived is now the work of the artist/s: to anticipate the archive itself. (excerpt from Experiments and Archives in the Expanded Field written by Neal White)
Victoria Lane
Sunk-cost bias is the tendency to continue to invest time, money, or energy into something we know is a losing proposition simply because we have already incurred, or sunk, a cost that cannot be recouped. But
Greg McKeown (Essentialism: The Disciplined Pursuit of Less)
...some student asked if he [Larry Summers] didn’t have essentially the same relationship with Bob Rubin. Wasn’t Summer’s opposition to capital controls just a sop to Wall Street banks, which wanted to recoup their risky investments regardless of how doing so affected the country in which they had invested? “Summers just lost it,” said one audience member, a business school student. “he looked at the person and said, “you don’t know what you’re talking about and how dare you ask this question of the president of Harvard?
Richard Bradley (Harvard Rules: Lawrence Summers and the Battle for the World's Most Powerful University)
Since the S&Ls were required to have $1 in capital for every $33 held in deposits, an appraisal that exceeded market value by $1 million could be used to pyramid $33 million in deposits from Wall Street brokerage houses. And the anticipated profits from those funds was one of the ways in which the S&Ls were supposed to recoup their losses without the government having to cough up the money—which it didn't have. In effect the government was saying: "We can't make good on our protection scheme, so go get the money yourself by putting the investors at risk. Not only will we back you up if you fail, we'll show you exactly how to do it.
G. Edward Griffin (The Creature from Jekyll Island: A Second Look at the Federal Reserve)
she can recoup your losses by working for Josephine in the cooch show.
Ellen Marie Wiseman (The Life She Was Given)
It’s time for another aside: If you look at the last two tables—those showing big losses in 2008 and big gains in 2009—it’s easy to conclude that the two years together were something of a non-event. For example, if you put $100 into the Credit Suisse Leveraged Loan Index on the first day of 2008, you would have lost 29% over the course of the year and had only $71 left at the end. But then you would have gained 45% in 2009 and ended up with $103 at the conclusion of the two-year period, for a net gain of $3. The two-year results in the asset classes listed above ranged from moderate net losses to moderate net gains. It matters enormously, however, what you did in between. Yes, holding on would have enabled you to recoup most or all of your losses and end up well, with results as described above. But if you lost your nerve and sold at the trough—or if, having bought with borrowed money, you received a margin call you couldn’t meet and saw your positions sold out from under you—you experienced the decline but not the recovery, and your net result in this “non-event” two-year period was disastrous. For this reason, it’s important to note that exiting the market after a decline—and thus failing to participate in a cyclical rebound—is truly the cardinal sin in investing. Experiencing a mark-to-market loss in the downward phase of a cycle isn’t fatal in and of itself, as long as you hold through the beneficial upward part as well. It’s converting that downward fluctuation into a permanent loss by selling out at the bottom that’s really terrible. Thus understanding cycles and having the emotional and financial wherewithal needed to live through them are essential ingredients in investment success.
Howard Marks (Mastering The Market Cycle: Getting the Odds on Your Side)
I fear that people may look back at the decline of 2008 and the recovery that followed and conclude that declines can always be depended on to be recouped promptly and easily, and thus there’s nothing to worry about from down-cycles. But I think those are the wrong lessons from the Crisis, since the outcome that actually occurred was so much better than some of the “alternative histories” (as Nassim Nicholas Taleb calls them) that could have occurred instead. And if those incorrect lessons are the ones that are learned, as I believe they may have been, then they’re likely to bring on behavior that increases the amplitude of another dramatic boom/bust cycle someday, maybe one with more serious and long-lasting ramifications for investors and for all of society.
Howard Marks (Mastering The Market Cycle: Getting the Odds on Your Side)
As a result, tax revenues and state budgets shrink, at least in relative terms per capita. National debt inevitably grows in order to at least partially cover the shortfall. Of course, it grew enormously after governments bailed out the banks in the wake of the financial crash. The British government did so to the tune of 136.6bn and has admitted that it will never recoup at least £27bn of that amount. In the US the bailout cost at least $14.4 trillion.[56] At the start of of 2019, the US’s national debt stood at nearly $22 trillion, having increased by 10% since Trump took office two years earlier. Under his predecessor Barack Obama, the national debt increased 100%, from $10 trillion to $20 trillion. National debt has to be repaid to the government’s creditors: bondholders, ie people, companies and foreign governments; international organisations such as the World Bank; and private financial institutions. If debt is not or cannot be repaid it becomes increasingly difficult to attract creditors. US national debt when the Great Depression kicked off stood at 16% of GDP and rose to 44% when the depression ended at the end of World War Two. Before the The Great Recession it stood at 65% and by 2013 had exploded to over 100%.[57] Gross national debt and household debt have been at record highs at the same time for the first time ever. Austerity, the socialisation of national debt, therefore becomes an economic necessity, not simply an unfair and immoral ‘political choice’, as is claimed by democratic socialists. That public spending as a share of national income in Britain in 2017 (39.6%) was at the same level as in 2007 (39.6%) after seven years of debt servicing via savage cuts to state welfare and public services suggests national income must have fallen per capita. Indeed, official forecasts suggest that GDP per adult in 2022 will be 18% lower than it would have been had it grown by 2% a year since 2008 – it has averaged 1.1% – broadly the expected rate of growth at that time.
Ted Reese (Socialism or Extinction: Climate, Automation and War in the Final Capitalist Breakdown)
for every 25,000 compounds that start in the laboratory, 25 are tested in humans, 5 make it to market and just one recoups what was invested’.
Sue Armstrong (Borrowed Time: The Science of How and Why We Age)
Deep down buried in the cerebrum is you who is far greater than just the odd electric impulses that defines you. Recoup your-"self".
Vishwanath S J
Bonnie detested Karabekian, but she was as sweet as pie to him. She had a policy of never showing her anger about anything there in the cocktail lounge. The largest part of her income by far came from tips, and the way to get big tips was to smile, smile, smile, no matter what. Bonnie had only two goals in life now. She meant to recoup all the money her husband had lost in the car wash in Shepherdstown, and she ached to have steel-belted radial tires for the front wheels of her automobile. Her husband, meanwhile, was at home watching professional golfers on television, and getting smashed on yeast excrement.
Kurt Vonnegut Jr. (Breakfast of Champions)
LOW: Cost to Acquire a Customer (CAC) In its simplest form, CAC is all the costs associated with landing new customers (e.g., marketing, advertising, sales) divided by the number of customers you acquired during that period. It’s sometimes tricky to calculate because getting a handle on your marketing costs can be tricky. If you’re focusing on SEO, you may be creating all the content yourself rather than paying a writer. You may be getting a lot of your early customers from forums you spend time on or by getting in front of other people’s audiences. In those cases, the cost is your time rather than an easy-to-calculate number. It’s a lot simpler to calculate CAC if you’re running ads. Then, you can see how much you’re paying per click and track how many people convert from each source. But if you’re not in that position, valuing your time at a certain rate (e.g., $150 an hour) and taking your best guess at time and money spent on marketing in a given month can get you to a good enough estimate of your CAC. How do you know if your CAC is too high? By calculating how long it’ll take to pay back the costs of acquiring each customer. As I was first getting into recurring revenue, I thought that if I was getting $1,000 in LTV from each customer, I could spend $700 to acquire every customer and make $300 a pop. Right? The problem is that you’re not getting $1,000 every time you sign a new customer. With a $50-a-month contract, you’re getting that $1,000 over the course of the next year and a half. If you spend $700 per new customer in January, you won’t break even on those customer acquisition costs until next February (assuming the customer doesn’t churn). With venture capital, the rule of thumb is that you should spend no more than one-third of your customer’s LTV or no more than one ACV. As bootstrappers, we don’t have enough cash to wait 12 months to recoup CAC from every customer. Most successful bootstrappers I know are in the two- to six-month payback period (depending on how much cash they have in the bank). There are times when that number can get more aggressive. For example, at our peak with Drip, we could afford to spend more on customer acquisition because we had the cash in the bank and I knew the numbers in the rest of our funnel by heart. Even at our peak, though, we were only running seven or eight months out—that’s the high end for bootstrapped companies.
Rob Walling (The SaaS Playbook: Build a Multimillion-Dollar Startup Without Venture Capital)
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