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{"id":88,"date":"2007-05-01T22:52:55","date_gmt":"2007-05-02T02:52:55","guid":{"rendered":"http:\/\/paulclaessen.com\/blog\/?p=88"},"modified":"2009-04-08T19:52:03","modified_gmt":"2009-04-08T23:52:03","slug":"head-in-the-sand","status":"publish","type":"post","link":"http:\/\/claessen.com\/blog\/?p=88","title":{"rendered":"Head in the sand"},"content":{"rendered":"

\"losing
\nI just read this:<\/p>\n

President Bush vetoed a $124 billion war-spending bill Tuesday because it included an Iraq pullout timetable which he called setting a date for failure.\u00c2\u00a0\u00c2\u00a0<\/p><\/blockquote>\n

\u00c2\u00a0“setting a date for failure<\/em>“?<\/p>\n

No. It doesn’t.<\/p>\n

It sets a date for admitting<\/strong> failure!<\/p>\n

The actual failure happened years ago.<\/p>\n

I’m currently ‘into’ investing, and re-reading my ‘investment’ books.<\/p>\n

Every single one of them mentions the single biggest error one can make: staying in a losing position thinking it will go up soon and that it will erase the losses.<\/p>\n

It never does.<\/p>\n

In that light .. even if it WAS setting the date of failure… (known in investing-speak as placing a stop-loss order) that would be a good thing.<\/p>\n

Support our troops.<\/p>\n

Get them outa there!<\/p>\n","protected":false},"excerpt":{"rendered":"

I just read this: President Bush vetoed a $124 billion war-spending bill Tuesday because it included an Iraq pullout timetable which he called setting a date for failure.\u00c2\u00a0\u00c2\u00a0 \u00c2\u00a0“setting a date for failure“? No. It doesn’t. It sets a date for admitting failure! The actual failure happened years ago. I’m currently ‘into’ investing, and re-reading […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-88","post","type-post","status-publish","format-standard","hentry","category-politics"],"_links":{"self":[{"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/88","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=88"}],"version-history":[{"count":0,"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/88\/revisions"}],"wp:attachment":[{"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=88"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=88"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=88"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}