"Anticipate no profits but provide for all possible loss " explain this statement
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"Anticipate no profits but provide for all possible loss " is a statement with a profound meaning in the field of commerce and business. What the statement basically means is that one should always prepare for all sorts of eventualities. Instead of anticipating profits, if you prepare for various types of losses, you might lessen the impact of a loss on your company.
Profits are good for the company and should not expected. On the other hand, preparing for losses can save your business later on.
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it means that winning and lossing are both faces of a same coin.we should not feel about losses, just care about profits
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