Losing potential profit=Loss. If I had something I was going to sell for 200 bucks and a friend broke it, I lost 200 bucks. Logic.
Getting people to understand this is difficult. And there *is* a difference between opportunity loss vs actual loss. In the case of the thing you were going to sell, if its a real item valued at 200$, then yes you lost 200$ (Because you lost something physical).
If someone promises to give you 200$, and then gets killed in a car accident, you had an opportunity loss of 200$, but never lost any thing you already had possession of.
Potential profit lost is only lost potential. It isn't a physical loss of value. While technically a form of loss, the two things are different.
Opportunity cost is important, but it is difficult to get people to understand it.
Maxed since Sunday, January 9th, 2014
Completionist since Wednesday, June 4th, 2014