SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ajtj99 who wrote (33851)8/18/2021 8:49:41 PM
From: Sun Tzu2 Recommendations

Recommended By
ajtj99
Hayduke

  Read Replies (1) of 97601
 
You know how we all tend to hold on to a losing position because deep inside we don't want to admit to being wrong and we hope that the stock will bounce back? Well military adventures are like that too, only so much worse. Instead of just losing money, you are also losing lives. And instead of just admitting to yourself that you made a mistake and taking the loss on your own, you have to admit that you got somebody's son killed for nothing. It is very hard to just leave. You want their deaths to mean something. You can't just face the families and say, "sorry you lost your son. We really thought it would be over in a year." And just like the trader who becomes an investor and holds on to his losing position, you end up adding to the pile of bodies. And each loss makes it so much harder to pack up and leave.

Side note - this logic is what kept Japan in the war long after they knew they had lost the war. They could not bear the shame of accepting defeat even though they knew it was inevitable. They had to lose so many more lives so that it could be obvious to everyone that they fought harder than anyone could have expected of them.

War is such a terrible thing and I so very much hate it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext