Gambler’s ruin

Even if the long-term profit outlook in a company is very good, a series of consecutive unexpected losses can still lead to bankruptcy (an unfavorable sequence of unexpected losses could lead to bankruptcy, although the long-run cash flows in a company are at best). – See bankruptcy, insolvency, ruin, insolvency.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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