1. “As soon as you buy something you lose the power to buy something,” Loftis tells Cooter in Exchange Value by Charles R. Johnson (via Lauren Berlant in Cruel Optimism).

2. “When we are in the gains, we have a tendency to quit too early in order to avoid the risk of giving those gains back. In other words, we like to quit while we’re ahead,” Annie Duke writes in Quit. “Quitting on time usually feels like quitting too early, and the usually part is specifically when you’re in the losses.”

3.