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Quit:
Persevere in the things that matter, that bring you happiness, and that move you toward your goals. Quit everything else…
|
178 |

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Quit:
There is no longer honor in spending every last bit of investor money pursuing an endeavor that’s failing. Returning capital to investors is the responsible choice under those circumstances and demonstrates the ability to make the hard decision when it’s the right thing to do.
|
184 |

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Quit:
The belief that optimism will get you to where you want to go faster is deeply embedded in popular culture…
|
185 |

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Quit:
If it’s a twenty-foot leap, there’s no way you’re better off with optimism than with a realistic calibration of your confidence.
|
186 |

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Quit:
…even if optimism helps you in that situation, there must be limits to how much it helps.
|
186 |

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Quit:
Optimism unchecked by realism prevents you from quitting when you ought to walk away.
|
187 |

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Quit:
What is true for grit is true for optimism. Optimism gets you to stick to things that are worthwhile. But optimism also gets you to stick to things that are no longer worthwhile. And life’s too short to do that.
|
188 |

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Quit:
When you are in it, facing down the decision about whether to walk away or stay the course, that is when your decision-making is the most vulnerable to the host of cognitive biases that make it hard for you to quit.
|
188 |

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Quit:
…an outside observer, like a friend or a loved one, is much more likely to have a rational view on your situation, because they are not in it with you.
|
188 |

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Quit:
We all need someone who loves us but who also understands that it’s better for our long-term happiness to speak out loud the unpleasant truth when the path we are on is one we need to abandon.
|
189 |