Know when to cut your losses.
Staying on a sinking ship is irrational behavior and will cause you to lose out in the long run. Cut your losses and admit defeat when necessary.
- Don’t be afraid to admit you made a mistake.
This applies to all areas of life—don’t stay in an abusive relationship or continue on in a job that makes you unhappy. Don’t worry about being perceived as a loser who made terribly stupid investments—it’s more important that you achieve success in the long run.
No insights yet
Our site saves small pieces of text information (cookies) on your device in order to deliver better content and for statistical purposes. You can disable the usage of cookies by changing the settings of your browser. By browsing our website without changing the browser settings you grant us permission to store that information on your device.