While I'm not ready to stop paying my cable bill just yet, I'm not admitting defeat.

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Admitting I suffer from depression and anxiety has, at times, made me feel weak -- like I'm admitting defeat.

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No Admitting Defeat: Fed to Fight Failure With More Stimulus by Bill Bonner originally appeared in the Daily Reckoning.

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But by admitting defeat, Mr Saakashvili handed his country a victory and wrong-footed Mr Ivanishvili, who had said that he would never be allowed to win elections.

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During the election last year, Mr Hollande vowed to bring the deficit to 3% from its current 4.5% and had insisted this was possible until now admitting defeat.

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Djokovic was magnanimous in defeat, praising his opponent while also admitting he was well below his own exceptionally high standards.

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For Mr Netanyahu, admitting Labour into his coalition would seem an admission of defeat.

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