Proverbs store the wisdom of ages in short, memorable lines with several layers of meaning. This blog states a weekly proverb and explores its meaning. Sir Winston Churchill, the former British Prime Minister, war leader, writer, painter, historian, bon viveur, whose mother was a United States citizen, recommended that people lacking formal education to learn proverbs. "The Wisdom of Nations lies in their Proverbs... Collect and learn them". William Penn, founder of the State of Pennsylvania.
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Wednesday, May 17, 2006
Run your profits cut your losses.
This comes from the world of investment where investors have discovered the wisdom of getting out of a bad situation early and sticking with the good. It can be applied to other life situations like dumping an unsuitable friend and working to keep the good ones. A good job is worth persevering with a bad one will never get you where you want to be. The difficulty sometimes is making a judgement as to what has potential and what does not. Obviously "flogging a dead horse" makes no sense but what if it is just sleeping? With horses you could ask a vet or a knowledgeable friend. In other life situations it can help to get good advice from a reliable source - don't let your ego get in the way.
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