• Pons_Aelius
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    1 year ago

    Yep. It is understanding that the sunk cost fallacy is not just about business decisions but is also very relevant in our personal lives.

    The freakonomics podcast did a great episode on the subject.

    The upside of quitting,

    Hell, even Kenny Rogers wrote a song about it.

    The gambler.

    You’ve got to know when to hold 'em

    Know when to fold 'em

    Know when to walk away

    And know when to run