daal wrote:
Bill - twice, at

and

you pointed out that my decision was sub-optimal because it failed to take into account the strength of the group on the bottom right, so I guess I'm not appreciating or understanding what to do with such strength. After

it was the left that had more potential for development, correct?
It's a close call, but I prefer the pincer. The proverb says not to approach strong stones.

Quote:
And what

ought to be doing is increasing the potential of the bottom instead of trying to cash in? I'm usually worried in this sort of situation about increasing the potential and then losing the cash. Risk-avoidance mentality you think?.
I would not go so far. First, I think that

shows a lack of appreciation of the power of thickness. In this case, not only does the thickness aim at the bottom side, where an invasion would face pressure from both sides, but it aims at the center, where White already has some thickness, and it also secures the White group on the left side. Second, I think that it is simply over-concentrated. Too many White stones take too little territory at this stage of the game.
As for losing the cash, what you generally want to do, especially in the opening, is play close to the edge. (Not the edge of the board!

) If your opponent invades in the opening and you can force him to live small in gote, that is almost always to your advantage. Even if he lives small in sente, that is often good for you. If you get an enduring attack, that is good for you. Takagawa had some good advice here. He said that territory is made in the skirmishes. For me the corollary is, if you can make territory without a fight, you probably shouldn't.

I have added some commentary to both plays.
(;SZ[19]FF[4]AP[GOWrite:2.2.21]ST[2]CA[UTF-8]GM[1]WR[5k]KM[6.5]GN[ ]RE[B+Resign]RU[Japanese]PM[0]PC[The KGS Go Server at http://www.gokgs.com/]PW[Me]DT[2012-08-29]PB[MHO]FG[775:]OT[5x30 byo-yomi]TM[2700.0]
;BL[2695.717]B[pd]C[Me [5k]: Hi, have a good game
MHO [-]: –ø—Ä–∏–≤–µ—Ç
MHO[-]: –ø—Ä–∏—è—Ç–Ω–æ–π –∏–≥—Ä—ã
Me [5k]: toi tozhya
MHO [-]: enjoy the game!
]
;W[dp]WL[2653.08]
;BL[2679.757]B[qp]
;W[np]WL[2634.18]
;BL[2647.636]B[oo]
;W[pq]WL[2533.05]
;BL[2628.624]B[op]
;W[oq]WL[2529.148]
;BL[2625.926]B[no]
;W[mp]WL[2523.962]
;BL[2622.311]B[mo]
;W[lp]WL[2521.845]
;BL[2600.81]B[dd]
;W[qi]WL[2481.543]
;BL[2586.29]B[qk]
;W[qf]WL[2477.951]
;BL[2578.881]B[qe]
;W[pf]WL[2470.464]
;BL[2575.266]B[nc]
;W[pj]WL[2407.875]C[*** Not necessary, as Black is a bit overconcentrated, but it worked out fine.]
;BL[2517.066]B[pk]
;W[oj]WL[2348.978]C[*** If you are not going to hane, better to play here right away, before the kosumi.]
;BL[2487.922]B[cn]
(
;W[fq]WL[2337.419]C[*** Since you are strong on the right, I would rather pincer.
****** There are 5 spaces between this stone and the stones on the right, so this is OK, I suppose, but see variation.]
;BL[2483.421]B[bp]
;W[ok]WL[2335.345]C[*** Not bad.]
;BL[2471.173]B[ol]
;W[nl]WL[2329.75]
;BL[2465.287]B[om]C[*** Now Black is really overconcentrated.]
(
;W[ci]WL[2164.318]C[*** I would go with the pincer. See variation. Still, White is ahead after Black's poor play on the right side.]
;BL[2448.839]B[cg]
;W[cl]WL[2161.919]
;BL[2440.318]B[cq]
(
;W[iq]WL[2158.077]C[*** Too close to your strength. See variation.
****** Comments added to variation.]
;BL[2403.919]B[ch]
;W[di]WL[2142.598]
;BL[2383.496]B[jd]
;W[dc]WL[2120.178]
;BL[2375.795]B[cc]
;W[ec]WL[2105.824]
;BL[2373.087]B[cb]
(
;W[ed]WL[2102.055]C[*** See variation.]
;BL[2349.374]B[de]
(
;W[hd]WL[2097.709]C[*** See variation.]
;BL[2317.419]B[ic]
;W[hc]WL[2061.477]
;BL[2313.649]B[hb]
;W[gb]WL[2052.132]
;BL[2311.913]B[ib]
(
;W[lo]WL[2037.784]C[*** See variations. Still, White retains the lead.]
;BL[2292.861]B[dq]
(
;W[co]WL[2034.506]C[*** Tactically problematic. See variation.]
;BL[2278.839]B[ep]
;W[dn]WL[2009.787]
;BL[2252.957]B[eo]
;W[go]WL[1958.364]
;BL[2219.359]B[fn]
;W[do]WL[1896.003]C[*** Small.]
;BL[2166.139]B[eq]C[*** Weakens the White F-03 stone.]
;W[gn]WL[1859.473]
;BL[2113.62]B[bo]
;W[bn]WL[1801.717]
;BL[2110.492]B[cm]
;W[dm]WL[1800.546]
;BL[2108.822]B[bm]
;W[bl]WL[1799.478]
;BL[2107.07]B[an]
(
;W[qq]WL[1786.218]C[*** See variation.]
;BL[2078.75]B[qo]
;W[fm]WL[1782.203]
;BL[2040.605]B[gm]
;W[fl]WL[1736.633]
;BL[2008.954]B[jg]
(
;W[if]WL[1652.799]C[*** Strengthens Black. See variation.]
;BL[2003.367]B[ie]
;W[he]WL[1650.592]
;BL[1998.012]B[jf]
(
;W[hl]WL[1647.423]C[*** Small. See variation.]
;BL[1990.1]B[hf]
;W[gf]WL[1641.077]
;BL[1987.644]B[hg]
;W[db]WL[1639.816]
;BL[1952.365]B[gg]
;W[ff]WL[1636.698]
;BL[1854.943]B[kl]C[*** Now the game is close, I think.]
(
;W[lm]WL[1598.323]C[*** Small. See variation.]
;BL[1772.395]B[il]
;W[nf]WL[1588.45]
;BL[1748.947]B[mh]
(
;W[im]WL[1503.192]C[*** See variation.]
;BL[1743.478]B[jm]
;W[in]WL[1494.208]
;BL[1732.168]B[jn]
;W[jo]WL[1492.368]
;BL[1678.102]B[nk]
;W[mk]WL[1427.671]
;BL[1674.994]B[nj]
;W[ni]WL[1425.805]
;BL[1672.979]B[mj]
;W[mi]WL[1424.299]
;BL[1667.746]B[lj]
(
;W[fr]WL[1410.968]C[*** Big. But see variation.]
;BL[1631.436]B[rj]
;W[ri]WL[1363.685]
;BL[1627.157]B[re]
;W[rf]WL[1306.695]
;BL[1621.586]B[li]C[*** I think that Black is ahead, now. End of comments.]
;W[nh]WL[1295.538]
;BL[1497.823]B[sg]
;W[qj]WL[1281.408]
;BL[1488.291]B[rk]
;W[mg]WL[1255.579]
;BL[1441.319]B[oe]
;W[lh]WL[1239.733]
;BL[1438.223]B[of]
;W[og]WL[1237.951]
;BL[1418.165]B[ne]
;W[me]WL[1234.176]
;BL[1416.14]B[md]
;W[sf]WL[1151.688]
;BL[1409.508]B[si]
;W[le]WL[1142.795]
;BL[1405.9]B[ld]
;W[se]WL[1119.033]
;BL[1386.882]B[rc]
;W[sc]WL[1100.075]
;BL[1362.798]B[rb]
;W[rg]WL[1097.091]
;BL[1355.32]B[sh]
;W[rh]WL[1092.098]
;BL[1353.071]B[sj]
;W[cs]WL[1089.382]
;BL[1348.287]B[cr]
;W[es]WL[1084.526]
;BL[1321.321]B[bs]
;W[rq]WL[1082.144]
;BL[1314.063]B[rp]
;W[ik]WL[1074.5]
;BL[1311.146]B[jl]
;W[kn]WL[1068.305]
;BL[1301.8]B[ml]
;W[ll]WL[1028.432]
;BL[1292.683]B[lk]
;W[mm]WL[1020.592]
;BL[1289.862]B[nm]
;W[kk]WL[1016.37]
;BL[1286.883]B[jk]
;W[ij]WL[1014.941]
;BL[1266.491]B[fj]
;W[bi]WL[1010.356]
;BL[1235.814]B[gk]
;W[fk]WL[872.608]
;BL[1184.51]B[gl]
;W[hm]WL[783.554]
;BL[1179.017]B[gj]
;W[jj]WL[781.028]
;BL[1175.142]B[kj]
;W[hk]WL[743.814]
;BL[1109.955]B[ej]
;W[en]WL[739.829]
;BL[1105.799]B[fo]
;W[dk]WL[733.921]
;BL[1084.125]B[dj]
;W[cj]WL[726.55]
;BL[1050.34]B[fg]
;W[ef]WL[722.734]
;BL[1046.173]B[ee]
;W[fe]WL[712.487]
;BL[962.4]B[fb]
;W[ga]WL[667.377]
;BL[955.209]B[fc]
;W[ea]WL[477.741]
;BL[915.372]B[fd]
;W[gd]WL[434.274]
;BL[868.788]B[eg]
;W[df]WL[427.594]
;BL[865.947]B[cf]
;W[cd]WL[413.694]
;BL[863.846]B[ce]
;W[bd]WL[412.341]
;BL[860.279]B[dg]
;W[bb]WL[339.968]
;BL[743.741]B[ca]
;W[id]WL[137.676]
;BL[696.597]B[ge]
;W[je]WL[131.776]
;BL[662.856]B[ke]
;W[jc]WL[90.851]
;BL[658.141]B[kd]
;W[jb]WL[60.653]
;BL[648.878]B[gc]C[Me [5k]: thanks
MHO [-]: thank you!
]
)
(
;W[li]C[*** One more time. ]
)
)
(
;W[ik]C[*** You want to hinder a Black central framework.]
)
)
(
;W[kj]
;B[lm]
;W[od]
;B[oc]
;W[pe]
;B[qd]
;W[mf]C[*** Something like this, perhaps.]
)
)
(
;W[id]
;B[je]
;W[hh]
)
)
(
;W[gg]
)
)
(
;W[fm]C[*** Big.]
)
)
(
;W[em]
;B[fp]
;W[gp]
;B[fo]
;W[gm]C[*** Something like this, perhaps.]
)
)
(
;W[dn]
)
(
;W[kn]
)
)
(
;W[hc]
)
)
(
;W[fe]
;B[de]
;W[hc]
)
)
(
;W[dn]
;B[co]
;W[dm]C[*** Now White is quite thick. See continuations.]
;B[id]C[*** This is big, but, . . .]
;W[ig]C[*** Play on the frontier of frameworks. White starts to stake out a huge center.]
;B[kn]C[*** Black enters the center.]
;W[jl]C[*** Here, perhaps.]
;B[jo]C[*** The best Black can do on the bottom. White is too strong.]
;W[jq]C[*** Finally White protects.]
)
)
(
;W[cl]
)
)
(
;W[cj]
;B[cq]
;W[cp]
;B[dq]
;W[ep]
;B[bp]
;W[bo]
;B[bq]
;W[co]
;B[fq]
;W[dn]C[*** White has traded the corner for the position on the left side. On the bottom, White is stronger than Black. See continuation after pass.]
;B[tt]
;W[hq]C[*** White threatens to play at E-02.]
)
)