Sunk Cost Investment

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

    “To exist as an advertisement of her husband’s income, or her father’s generosity, has become a second nature to many a woman who must have undergone, one would say, some long and subtle process of degradation before she sunk [sic] so low, or grovelled so serenely.”
    —Elizabeth Stuart Phelps (1844–1911)

    “Keeping accounts, Sir, is of no use when a man is spending his own money, and has nobody to whom he is to account. You won’t eat less beef today, because you have written down what it cost yesterday.”
    —Samuel Johnson (1709–1784)

    “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)