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so that's why there isn't an important distinction
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between European and American.
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Just in the case of relationships,
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suppose your girlfriend or boyfriend really wants to marry you
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and is still giving you time,
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then you instinctively know you should wait as long--
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I'm saying not really, but I'm saying in terms of theory;
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you should wait until the last day when this other person
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says it's now or never
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because there's always exercise--there's always option value.
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There's always a chance--
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maybe that will become clearer.