If at first you don't succeed, take the tax loss.

Summary

This quote suggests that instead of dwelling on our failures or mistakes, we should find a way to benefit from them. It uses the concept of "tax loss," which refers to recording a loss in investments to reduce one's overall tax liability. Similarly, in life, if we encounter setbacks or failures, we should embrace them as opportunities to learn and grow. By accepting failure and using it as a stepping stone, we can find success in unexpected ways and use our experiences to our advantage.

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