Tag: rolf-dobelli
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Stop Watching The News
“Hey Babe, do you know that Mr. A, an ex-governor and one of the presidential candidates, has an affair with one of those “hot girls” on social media? Rumor has it that he has a baby with her. And now she’s asking for his responsibility. He’s doomed! His political career will go nowhere after these.”…
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Break Free from Sunk Cost Mentality!
Have you ever felt that: I did. And I guess we are ever in the same boat on this one. Because this is a common logical fallacy. This is what we call the “Sunk Cost Fallacy,” aka being misled by the costs we’ve already spent. This is not efficient, let alone rational, you just spent…
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