Short YouTube commentary (by Mark Evans DM) advising that assets can rapidly become liabilities if mismanaged and that prudent investors sometimes should accept a loss on a deal to reallocate attention and capital toward profitable opportunities.
Assets quickly can become liabilities if they're not managed correctly. We all know that sometimes it's okay to take an L on an asset. I think that's one of the biggest gifts real investors can make is taking an L on a deal to move forward so they can go focus on the profits.
