Ugh, obviously you guys haven't read "Tournament Poker for Advanced Players". There is a situation in which to fold AA, even in a non-sattellite tourney.
It basically goes like like this.
Main event of the WSOP, you have a paltry 30,000 in chips and are in last place with five people remaining. There are four stacks have exactly one million chips. The first player just goes all-in, the second calls that, and so does a third. If you find AA here, it is much better here to fold than to call. You are almost guaranteed (unless a rare tie occurs) a big jump up in money from the 5th place now to 3rd place you could find yourself in. The expect value of folding here is much greater than that which could be earned from you moving up in chips.
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