Matsushita quickly cut its losses and you could argue that Sony should have done the same. If Sony had stayed a stand-alone electronics company, it wouldn't have made some of its more recent decisions.

Sony was a leader in TV, looking to extend its platform and protect its current business. Samsung saw digital television as a new opportunity.

Do you really want content when you are an electronics manufacturer?

The gold market held its ground. That it stayed well above $600 in the face of the silver sell-off convinced investors that it's still involved in a bull market.

It is the last moment now for Milosevic to cut his losses and reduce the damage as much as possible. He will come out of this crisis damaged in a lot of ways, but he will still come out on top, which is probably the right thing to do.

Never quit on your dream, but learn to cut your losses and quit your plan if it is not working.