The Reversals

What this pack runs.

Every argument about reversing a position has the same shape. Somebody produces the cost of turning — the write-offs, the exit fees, the retooling, the customers a broken promise takes with it — and it is a large number on a single slide. Nobody produces the cost of holding, because it is paid every period and spread across a business that also does other things. So the room compares a large visible number against nothing, and holds. That is not a failure of nerve but a failure of accounting: the position was never up for decision, so its run cost was never on a line of its own. This pack separates it, prices the destination, and puts both paths on one horizon — returning how many years turning still beats holding, and what the first of those years costs. It stops on two conditions: the cost of holding has never been separated, and the destination has never been priced.

The casebooks these cases come from.

The pack reads nine sourced decisions through the framework. They are drawn from these casebooks, each one a set of verified records on a single decision type.

A verified record has passed a mechanical claim-versus-source check, a second model's read, and human approval. The count is what exists today, not a target.