“He is no fool who parts with that which he cannot keep, when he is sure to be recompensed with that which he cannot lose.”

—  Jim Elliot

Quoted from The life of the Rev. Philip Henry, A.M., Matthew Henry, J. B. Williams, pub. W. Ball, 1839 p. 35 ( Google Books http://books.google.com/books?id=BUfCH_MaUS8C)
Misattributed

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Martyred Christian missionary to Ecuador 1927–1956

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“He is no fool who gives what he cannot keep to gain that which he cannot lose.”

Jim Elliot (1927–1956) Martyred Christian missionary to Ecuador

Journal excerpt from Shadow of the Almighty (1989) by Elisabeth Elliot, Jim Elliot, 1949
This quote is a paraphrase of Elliot's from the original quote (below) by English nonconformist clergyman Philip Henry (1631-1696)
Misattributed

“He is no fool who gives what he cannot keep to gain that which he cannot lose." Jim Elliot, missionary to Auca indians in Ecuador”

Elisabeth Elliot (1926–2015) American missionary

Source: The Journals of Jim Elliot

“He, who will not reason, is a bigot; he, who cannot, is a fool; and he, who dares not, is a slave.”

William Drummond of Logiealmond (1770–1828) Scottish diplomat and Member of Parliament, poet and philosopher

in Academical Questions (1805), Preface, p. 15 http://books.google.com/books?id=U9FOAAAAYAAJ&pg=PR15

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“When Demaratus was asked whether he held his tongue because he was a fool or for want of words, he replied, "A fool cannot hold his tongue."”

Plutarch (46–127) ancient Greek historian and philosopher

Of Demaratus
Laconic Apophthegms

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“Man can certainly keep on lying (and he does so); but he cannot make truth falsehood. He can certainly rebel (he does so); but he can accomplish nothing which abolishes the choice of God.”

2:2 <!-- p. 317 -->
Paraphrased variant: Man can certainly flee from God... but he cannot escape him. He can certainly hate God and be hateful to God … but he cannot change into its opposite the eternal love of God which triumphs even in his hate.
Quoted in Simpson's Contemporary Quotations (1998) by James Beasley Simpson.
Church Dogmatics (1932–1968)
Context: Man can certainly keep on lying (and he does so); but he cannot make truth falsehood. He can certainly rebel (he does so); but he can accomplish nothing which abolishes the choice of God. He can certainly flee from God (he does so); but he cannot escape Him. He can certainly hate God and be hateful to God (he does and is so); but he cannot change into its opposite the eternal love of God which triumphs even in His hate. He can certainly give himself to isolation (he does so — he thinks, wills and behaves godlessly, and is godless); but even in his isolation he must demonstrate that which he wishes to controvert — the impossibility of playing the "individual" over against God. He may let go of God, but God does not let go of him.

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