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Meaning of 失之东隅,收之桑榆

Lookup via: Pinyin | Radicals
失 shī 之 zhī 东 dōng 隅 yú , , 收 shōu 之 zhī 桑 sāng 榆 yú (Trad.: 失之東隅,收之桑榆)
to lose at sunrise but gain at sunset (idiom); to compensate later for one's earlier loss; what you lose on the swings you gain on the roundabouts