chā zhī háo lí , shī zhī qiān lǐ
the slightest difference leads to a huge loss (idiom)
a miss is as good as a mile
差
chā
difference; discrepancy
之
zhī
(possessive particle, literary equivalent of 的[de5])
毫
háo
hair
厘
lí
one hundredth
,
,
失
shī
to lose
千
qiān
used in 鞦韆|秋千[qiu1 qian1]
里
lǐ
li, ancient measure of length, approx. 500 m