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What does "quit while you're ahead" mean?

quit while you're ahead text - mp3

quit while you're ahead

Definition:

stop doing something risky before one loses

Usage:

informal, conversational

Sample Dialogue:

A: I can't believe the race car driver survived the crash.
B: Yeah. I heard he can't wait to start driving again.
A: I think he should think about retiring. Sometimes it's better to quit while your ahead.

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