ildarius - 7:51 pm on Mar 19, 2008 (gmt 0)
You are absolutely right about it not being applicable in every possible scenario, in some cases it would simply be plain dumb to
use this reasoning.
None the less it is a Very hard line to draw... Donald Trump, Henry Ford and Abraham Lincoln have all went bankrupt several times. What they did is far from the usual approach where we test the water see if it's bad and pull out.
Those guys actually went all the way and failed and got up and failed again and then succeeded, i think that's what i was trying to say.