abandon ship

"If we did not do this already, would we, knowing what we know, go into it now?"

"No"

"What do we do now?"

"Outright abandonment"

"?"

"In any case, for management purposes there are no 'costless assets'. There are only 'sunk costs'."

"ah, ic."


and Thus, Daniel learned something new with regards to knowing when to abandon ship.


-----
Daniel learnt about the 2+1 principle for collecting rent today.
He feels that it is interesting to engage and negotiate with prospective tenants.