Lose investments cheerfully. Seneca, Epistles 5.42.8-10
Seneca
advises Lucilius not to mind merely financial losses, the kind of
material losses that cause no physical damage to life and limb. If
you cannot afford to lose something, then you should not trade it (to
anyone, in any market, for any reason).
Idem
itaque in omnibus consiliis rebusque faciamus quod solemus facere
quotiens ad institorem alicuius mercis accessimus: videamus hoc quod
concupiscimus quanti deferatur. Saepe maximum pretium est pro quo
nullum datur. Multa possum tibi ostendere quae acquisita acceptaque
libertatem nobis extorserint; nostri essemus, si ista nostra non
essent. Haec ergo tecum ipse versa, non solum ubi de incremento
agetur, sed etiam ubi de iactura. Hoc periturum est. Nempe
adventicium fuit; tam facile sine isto vives quam vixisti. Si diu
illud habuisti, perdis postquam satiatus es; si non diu, perdis
antequam assuescas. Pecuniam minorem habebis. Nempe et
molestiam. Gratiam minorem. Nempe et invidiam. Circumspice
ista quae nos agunt in insaniam, quae cum plurimis lacrimis
amittimus: scies non damnum in iis molestum esse, sed opinionem
damni. Nemo illa perisse sentit sed cogitat. Qui se habet nihil
perdidit: sed quoto cuique habere se contigit? Vale.
In
every scheme and business, let us adopt the same manner that we are
accustomed already to use when we approach a merchant: we should see
how deficient, how defective & imperfect, are the wares that we
desire. Often the greatest purchase is that for which nothing at all
is given. Many things I can show you, which once acquired and
accepted shall wrench from us our liberty. We would belong to
ourselves, if only they did not belong to us. As you deal with these
things, consider not merely how to increase your possession, but also
how to be rid of it. “But it will go to waste!” Its arrival was
purely accidental; you will live as easily without it as with it. If
your loss comes after long possession, then you are already
satisfied: you have taken all you can. If you have only had
possession a little while, then you haven't had time to adjust, and
won't miss the loss. “You will have less money!” And less bother.
“You'll
lose public favor!” And envy, which is better lost. Look around at
the stuff that drives us to madness, the goods whose loss elicits the
most tears. You will recognize that the real damage is not in
the things themselves, but in our attitude and opinion of them.
Nobody feels purely financial losses in the flesh: we can only sense
them as mental fantasies. The man who keeps himself has lost nothing.
But how many are able to keep themselves, really? Farewell.