Pyrrhus, when his friends congratulated to him his victory over the Romans under Fabricius, but with great slaughter of his own side, said to them, "Yes; but if we have such another victory, we are undone."
The most terrible of all my battles was the one before Moscow. The French showed themselves to be worthy of victory, but the Russians showed themselves worthy of being invincible.
We wouldn't even be where we are had it not been that 70% of Hispanics voted for President Obama, voted Democratic in the last election. That caused an epiphany in the Senate, that's for sure. So all of a sudden we have already passed comprehensive immigration reform in the Senate. That's a big victory.
The true sweetness of chess, if it ever can be sweet, is to see a victory snatched, by some happy impertinence, out of the shadow of apparently irrevocable disaster.
My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.