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< shaking their fingers at this immoral behavior, it's so common in the | |
< business and finance world that there's a name for it, "strategic | |
< default" - much like the military term "strategic withdrawal". | |
--- | |
> shaking their fingers at this immoral behavior is that the very same | |
> thing is so common in the business and finance world that there's a | |
> name for it, "strategic default" - much like the military term | |
> "strategic withdrawal". | |
> | |
> The reasoning is sort of like folding your hand in poker. Yes, you | |
> may have a lot of chips in that pile, but if you don't have a shot at | |
> winning the pot, it's stupid to continue throwing away resources. | |
> Better to conserve those resources for a later investment. | |
203c209 | |
< recover from your screwup. A friend who recently finished her degree | |
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> recover from your screwup. A friend who recently finished his degree | |
205c211 | |
< second time she made a passing grade, and the failing grade was simply | |
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> second time he made a passing grade, and the failing grade was simply |
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