cutting losses

Abandoning failing investments

Cutting losses means ending a failing endeavor before the damage worsens.

The phrase comes from investing—selling a declining stock to prevent further loss—but applies broadly: After three failed attempts, she decided to cut her losses and move on.

The logic is that accepting a small loss now beats risking a larger one later.

Related

retreat · surrender · throw in towel · fold · walk away · call it quits · write off · salvage · minimize · sell off · cash out · abandon · let go · pull plug · sunk cost · liquidate · regroup · accept defeat

Categories
Opposites
persistence vs. withdrawal

cutting lossesdoubling down

Strengthening a risky commitment

throwing good money after bad · digging in · pressing on · persevering · holding on

risk management strategy

cutting losseschasing losses

Gambling more after losing

doubling down · throwing good money after bad · going all in · betting the farm · averaging down

commitment level

cutting lossessunk cost fallacy

Honoring spent resources irrationally

recommitting · entrenching

Family

cuts, cutter, cutters, cutting, cuttings, loss, losses, lose, loses

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Negative · Everyday, not technical · Rated G