Bridge loans are a lot like being pot committed in poker (when the pot odds for the remainder of your chips are worse than your odds of winning that specific hand). In both situations, you have a lot more information on the immediate situation than in some indeterminate future scenario, so it can sometimes be your best option.
However, there's an obvious bias there, and thinking that you're pot committed when you're not is a pretty common mistake with inexperienced poker players (and investors).
However, there's an obvious bias there, and thinking that you're pot committed when you're not is a pretty common mistake with inexperienced poker players (and investors).