Sunk Cost Investment

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

    And they wrapped him up in an old cow’s hide,
    And they sunk him in the Lowland sea,
    And they sunk him in the Lowlands low.
    Unknown. The Golden Vanity (l. 43–45)

    Mining today is an affair of mathematics, of finance, of the latest in engineering skill. Cautious men behind polished desks in San Francisco figure out in advance the amount of metal to a cubic yard, the number of yards washed a day, the cost of each operation. They have no need of grubstakes.
    Merle Colby, U.S. public relief program (1935-1943)

    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)