Monday Night Owls - 24 September 2018 - Learning when to cut your losses
We read an article about when it's better to stop doing something, even though you might be losing:
Vocabulary Top 10:
cut your losses - to stop an activity, business, etc., that is failing in order to prevent more losses or damage
pop down - to go to or from a place quickly, suddenly, or briefly
aversion - a strong feeling of not liking something
loath - not wanting or willing to do something
U-turn - a complete change of ideas, plans, etc.
haemorrhage (money) - to lose (people, money, etc.) in a very fast and uncontrolled way
curtail - to reduce or limit (something)
pervasive - existing in every part of something : spreading to all parts of something
fallacy - a wrong belief : a false or mistaken idea
ramification - something that is the result of an action, decision, etc.
In these types of situations, do you find it easy to cut your losses? Or do you keep going?