Sunk Cost Investment

Famous quotes containing the words sunk, cost and/or investment:

    Her man falling asleep,
    limp from dragging a plow sunk in mud,
    the slattern curses the rains,
    her pleasures unfinished.
    Hla Stavhana (c. 50 A.D.)

    [M]y conception of liberty does not permit an individual citizen or a group of citizens to commit acts of depredation against nature in such a way as to harm their neighbors and especially to harm the future generations of Americans. If many years ago we had had the necessary knowledge, and especially the necessary willingness on the part of the Federal Government, we would have saved a sum, a sum of money which has cost the taxpayers of America two billion dollars.
    Franklin D. Roosevelt (1882–1945)

    The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.
    —For the State of Massachusetts, U.S. public relief program (1935-1943)